Bowood Energy Inc V.BWD

Morgan stanely

[waffenss]

"This paticular seller (Anonymouse / Morgan Stanly )  must be really upset and have a reason dumping all its shares over last couple weeks. "
Maybe ole Morgan doesn't like 10 million dollar wells.....no wonder this pig is stuck in the ooze....you pumpers keep bangin out yer it will move soon trash....I for one believe you are correct though...likely move down on those type of costs....

[nlr2]

Ya i can now more clearly see why the bottom has fallen out. 10 million for 220 boe is disasterous. Luckily though Legacy pays 80 plus percent. The science added about 4 million I believe to the costs so it is easy to see major savings. Also apparently the cap rock is very hard to drill through which adds to drilling costs but makes multi laterals so attractive. I think Leg/Bwd is the only group