Post by
RockLobster1 on May 26, 2011 11:10am
Why trading so low?
I know the junior oils are not hot at the moment, but is there any fundamental reason/risk that I am not seeing to account for this price?
thanks
Comment by
shambano1 on May 26, 2011 12:43pm
q1 out next week, hopefully we'll get more positive news on oil drilling results and plans for the rest of 2011.I think it's just the lack of news here even though results to-date have been positive and getting better with new techniques introduced this year.I'm hopeful but I'm not going to chase it at this point.cheers and GLL
Comment by
RIG500 on May 31, 2011 11:41am
Q1 will be released on june 26, until then, don't expect much action...
Comment by
shambano1 on May 31, 2011 10:17pm
I was told q1 results would be out on May 31 but this might have changed?June sounds quite late for q1 results Icheers and GLL
Comment by
RIG500 on Jun 01, 2011 11:03am
I guess the new international account standard is the cause for the delay as other companies as well are releasing their Q1 from mid to end of june.TOL should be able to report on its latest 2 Cardium wells, hopefully they would have some 1500 boed of production by the end of june if both wells perform according to the type curve.