Post by
nlr2 on Jan 05, 2012 2:59am
2012
No one comments on this board but I will make my 2012 prediction anyways. This is a well run company so as long as there is no economic disasters I think it will do well. I think they will exit 2011 at 1600 boe/d and target 2500 in 2012. I also think they will be on the hunt for a bolt on Cardium acquistion. The one wildcard that I could potentially see is now that the drunk sailors who are the management of Vero are debt free HYX would make a nice pick up for them. Add some cashflow, land and oil production to the mix while maintaining there focus. I'm not going to waste much time in 2012 checking in on this company, they run a tight ship.
Comment by
nlr2 on Jan 05, 2012 3:23am
Sidebar note. I hadn't noticed but HYX licensed a Glaucinitic SS well at Garrington. If that works out that would be a huge boost in 2012. Stacked plays are the best way to drive costs down. Also check out Bonavistas presentation to see how economic Glauc wells are. Very exciting. The train will be leaving the station in 2012. Haha.