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Bullboard - Stock Discussion Forum Atikwa Resources Inc. V.ATK

An oil and natural gas company

TSXV:ATK - Post Discussion

Atikwa Resources Inc. > Looks like this is a .05 company.
View:
Post by savuti on Feb 23, 2012 2:52pm

Looks like this is a .05 company.

Ok, just sell this company or go after the service company that screwed up Porcupine. What happened out in them hills anyway?
Comment by funkshow33 on Feb 23, 2012 3:07pm
Still 2 wells to report on....Rumor is they are both pumping at 300 boe... Not sure what the oil cut is on that however.
Comment by savuti on Feb 23, 2012 3:53pm
Fingers are crossed, even at 50% that would take us to ~700boe. 
Comment by DrillinisThrillin on Feb 23, 2012 6:42pm
I don't think 700 boe/d is in the cards.  The 400 boe/d reported in the last two news releases was the estimated total for all 8 wells.  If the Funkmeister's numbers are close to accurate for the last 2 wells (7&8)  this would move the total for the Spearfish wells closer to 500 (if I'm doing the number correctly).  And, nothing wrong with 500.   Maybe some ...more  
Comment by savuti on Feb 23, 2012 9:10pm
Thanks for the clarification, It's just good to hear news about increased production. 
Comment by funkshow33 on Feb 23, 2012 10:45pm
ya both those wells are at 50% to us net as far as I know... The well that was reported to be producing at 133boe oil is now at 150 boe oil according to a guy who knows a guy who drove past it.
Comment by jake5555 on Feb 24, 2012 10:57am
This is getting very confusing, we need an update on increased production on last two wells and we need a company wide production statement.
Comment by DrillinisThrillin on Feb 24, 2012 1:13pm
We need final number for Spearfish but there is very little difference between that number and total production numbers. (maybe 20/25 boe.)  At least - that's my understanding.   I'd like to see plans for Roncott announced and they have to do some kind of a $$$ deal.      D is T
Comment by zuperztarz on Feb 24, 2012 2:27pm
You will have to wait until after the 28th for any good news
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