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Bullboard - Stock Discussion Forum Stream Oil & Gas Ltd SOGAF

GREY:SOGAF - Post Discussion

Stream Oil & Gas Ltd > Quarterly out July 31
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Post by frankythetank on Jul 25, 2013 12:51am

Quarterly out July 31

Hopefully we will have decent quarterly production. of 1200 BOE.  All I want to hear is that they have got the 5 pumps working and they're getting 100 barrels of liquids a day from those 5 wells.  Hopefully this isn't to much to ask we've only been waiting for 9 months.

Tank
Comment by naive_investor on Jul 25, 2013 1:50pm
Hope you are right. As they mentioned in their presentation, production was down from Q1 average of 1359 BOE to 1120 BOE as of June 26. I heard that oil production is improving since then but at a very slow pace as they are still rehabilitating the infrasturcture and experimenting with the Cackran field. The big news could be gas starting to flow to the power generation facility and NGL being ...more  
Comment by frankythetank on Jul 25, 2013 2:21pm
I'm with you on the patience theme.  I just want them to get one oil field right before they promise all these other oil fields to blossom.  A lot of confidence was lost with the investor presentation that they gave to investors at the 2012 AGM.  Based on that Chart SKO should be at 3500 BOE not 1100-1200 BOE.  THey may just have too many irons in the fire to do any one ...more