Quattro Exploration and Production Ltd QEXXF

This stock hit almost .90 a few months ago

[Jonnybgood123]

So what changed, ?  I know resources have been hit hard, but I'm pretty sure there was one hell of a lot of HYPE involved in this stock.  Nothing seems to be happening, and now we find that it looks like it will fall far short of production as stated by the "very conservative" president ?
I'm off this dog,  may come back IF it ever revives.

GLTA

[sailpgd]

What is the reason behind the fact that Quattro is going to miss their early 2014 guidance of 2,500 boepd for their 2014 exit rate by about 700 boepd? I want to take a position in this stock but would like this clarified first.

[rknigh2]

It says in the earnings release. They were expecting production increases from development and remediation at McMullen and it has been delayed until Q1.

[elgaveeno]

It says that they expect to put another couple of hundred remediation boe/d on before the end of the year. Where? They did not say that the 1,000 boe/d that they are missing from their guidance was going to come from 8 heavy oil wells "delayed until Q1". They are not even licensed yet and might account for 80 bopd total. What they did say is that they have dug though the cardboard boxes

[rknigh2]

Good question. I assume the target remediation production is from Donalda. I remember when the acquisition was completed they were targeting another 400 boe/d of gas from there. Since that acquistion was completed we have only seen the flowing gas from there added. Will have to ask. As long as they are producing with positive cash flow and  the balance sheet is healthy, I wouldn't be so

[InvestLargeC]

Sailpgt, In the last report is the answer: " Therefore, the success at Wood Mountain, the growing evidence of improving access to competitive drilling services in October and the protracted regulatory approval processes at McMullen has resulted in Quattro, rescheduling the drilling of the first wells at McMullen until the 1st Quarter of 2015. " In my understanding two reasons