Bowood Energy Inc V.BWD

Results???

[Vanboarder]

Here's my HOPE as to what the results are hopefully going to say.

Firstly, that the area we're in has very little to no water cut (might be wishful thinking but I can hope).
 
Secondly,  maybe not super numbers but lets say the bpd to ensure that we have basic economics to make this play work. I'm hoping for 300-500bpd (or more) but who knows (could be 100-200) as it's too early to even guess at the numbers. You also have to remember, the Alberta Bakken is a relatively  new play with mixed results out there so far both in water cut and bpd.

Thirdly, hopefully the fact we're in the over pressurized area means little pumping required (natural flow???) meaning less costs per well getting the oil to the surface as no pump is needed.

The fact the SP has fallen and not taken off doesn't exactly prove anything although sometimes news leaks and a stock falls accordingly if the news is bad. However, if you've been investing for a while you know that sometimes until the news is out nobody really knows anything and once it's out the stock climbs if it's good.

In my opinion it could go either way. Here's hoping it goes up and all my "hopes" become reality.

At this point anyone(myself included) on this BB saying they have exact information on what this upcoming release
will say is lying.

All this is just my humble opinion/guess.

GLTA Longs

Van

[sureshotz]

Don't waste your time vanboarder... Simple and plain, the stock was trading rich given the current state of the economy (and stage of development) and needed to trade down to remove some stupid money from the trade..lots of float on this trade

[albertabakken]

vanboarder, do some DD for the region.  250 barrels a day is a smoking well.  500bpd or more is just your imagination running away with you man.  This stock drifted down on miniscule volume in a vacuum of no news & a mini market meltdown..  the reality from the dots I've joined from my DD research is this play is ridiculously promising at this price point.. 

[poise]

Well#1              168 BOPDWell#2             269 BOPDPoise's  Prediction. 

[nlr2]

I dont know if we can be compared to the well results that have been released to date. When they finally come out we should be the first in what is thought to be the overpressurized west side. This extra drive should give us a better IP then what Deethree managed. I do agree with you entirely that we have fallen on low volume and market panic, not fundementals or rumours of failure. I would be

[jdgreat1]

I will not be surprised to see someday LEG is offering to buy BWD as they know more from the drilling.On the news, they aquired more land and I think this shows the confidence after the 1st well. the point is the new land is contiguent to the 1st well!!!I am buying....