Post by
Unaboy1 on May 08, 2012 9:46am
Get errrr done!!
Don't get me wrong Drillin, I'm just presenting another shareholder view. You would have to have a lot of accumulation to make any money when selling for a few penny's. I'm prepared to let her ride and build value, if it takes time, then so be it. The 25 barrels per well I used should be a low ball figure, but it would still allow them funds to do some drilling and still meet debt obligations. Cresent Point hasn't been drilling at Roncott, one would think they would appreciate someone poking around seeing what they purchased from Ryland for a dime. As I have said before, between 27 and a unfraced vertical well (drilled in the 50's, still pumping at her 8 blsd.) to the north, are ( 2 ) very prime locations for a HZ well. Triaxon had the planning and paper work all done for a HZ well on the north side of where 27 is today. They were about to push up a lease and drill when the bottom fell out in 2008 Atikwa has the rights to that land today ......... get rrrrrrrr done! ...................Una