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Bullboard - Stock Discussion Forum Eaglewood Energy Inc EWDYF

Energy Oil & Gas E&P

GREY:EWDYF - Post Discussion

Eaglewood Energy Inc > PRL5 logistics
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Post by PINK-i on Mar 31, 2011 1:32pm

PRL5 logistics

PRL 5 was just logistically cheaper to drill. EWD now knows where their focus will be. Ubuntu-2 and the other licenses they own in the area. Expect a News release soon to tell everyone where and when the next well will be.
Comment by PINK-i on Mar 31, 2011 1:33pm
Keep in mind EWD has not Flow tested Ubuntu-1 yet. That will be the day the stock really turns around
Comment by workrestplay on Mar 31, 2011 3:18pm
Who told you that good news, some broker from TD?  Has the guy ever been right?  Ever? 
Comment by raybay_98 on Apr 01, 2011 8:51am
And I suppose they are going to use wooden nickels to pay for it?
Comment by oilandgaswells on Apr 01, 2011 9:10am
Looks like another dilutive financing @ .35-.40. Disappointing.
Comment by NiceGuyEddie on Apr 01, 2011 10:40am
.35-.40, surely you jest?if they're lucky, maybe they can get 15 cents
Comment by TheIceMan3 on Apr 01, 2011 2:00pm
There won't be another financing IMO but I like your optimism Eddie......
Comment by luke4 on Apr 01, 2011 3:14pm
How can there not be another financing? They have committed to drilling another well (Ubuntu 2) Q4 and they have no money. I am looking forward to their AGM this year. It will be interesting to check out the crowd and see whether they are a satisfied lot. Certainly the discovery well is good news but the way they handled this last press release is pure amateur hour. PRL 5 was never theirs to lose. ...more  
Eaglewood Energy Inc
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