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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. > Production?
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Post by renoit7 on Nov 02, 2012 12:20pm

Production?

Didn't we have 250bbl/day of production not too long ago. Am I reading that correctly that we only have 120?
Comment by jenst11 on Nov 06, 2012 6:03pm
I don't know where you read 120, but if you look at the divestiture offering that was prepared in sept.2012 it states Pierson=215boe/d.Roncott 16boe/d.Ferrier  almost 2 barrels of condensate and some gas. This puts us around 235boe/d.  My prediction is Legacy will be making us a offer, Legacy is currently in the process off borrowing a lot of money and have plans to do a water flood ...more  
Comment by renoit7 on Nov 07, 2012 10:00am
For the MD&A from October 30th it has average daily production of light oil for the three months ending August 31st at 121.7 bbls/day. I don't know if this number doesn't include farm out properties that they still have a majority interest in or what other factors could be in play, but it's bad when the numbers we've been hearing and the numbers they report are that far apart.
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