Post by
killerrf on Oct 13, 2010 11:14pm
need oil production
they have to get off of drilling for gas... lets go drill for oil. not sure why they are stalling out there. they might as well go and drill some more wells in manitoba for some lower producers but low risk wells. take a risk and buy up some property in south eastern sask in the light oil bakken. im sure they could get the money iff needed. dont have many shares out. no one likes dilution but if it means moving ahead then thats what has to be done.
once gas prices start climbing again they do have that well they drilled with highpine still waiting to go into production... i think.... its still shut in. i dont remember any news about it being tied in and running yet. that well was making light oil also on initial production. worth more than all their gas they have drilled for so far.
whats up with their bronson property also... is there not potential there for oil?
gas might be safe but its boring and im sure thats why the stock hasnt dont nothing for quite some time.
lets hope for some flashy news soon about OIL! haha!
just my 2 cents.
Comment by
klingklong on Oct 19, 2010 11:51am
wonder why a baby like VOL gets oil-interests in bakken and PEN is not doing a thing right now. What happened to the well that was supposed to come online in August ? no news on that delay ?? why ?