Bowood Energy Inc V.BWD

Interesting

[nlr2]

Hello Team BWD

Here is a report that I found from Macqurie about DTX. The map included in it is quite interesting. I would have never predicted from all the talk about the west side being overpressured that DTX's far east block would have the banger wells. Oh well. Haha. Also interesting to see that they have our kipp well down for 357 boe/d on an IP 14. They must have just taken the 5000 boe/d from flowback and intermittent production and divided by 14.

https://www.investorvillage.com/uploads/8056/files/blackmont46796.pdf

Q4 should be imminient, like tomorrow. Haha. With this team who knows though. I emailed them and got no response. Not that I am very suprised.

[chizled]

thanks for the link ,very interesting . I think that Dee Three having success out of the over pressured zone is just a positive for the area . A wider range for big success in the  south .  While Dee Three continues to fire away it will drive the stock price . Interesting note in the research report : based on DeeThree’s estimate of ~40 net prospective sections, 12–15mmbbl in place per

[dean68]

"Doesn't Bwd warrant a higher valuation just on Land position alone . Considering the continued success in the area ?" I think the BWD should warrant a higher valuation for its land base.  What we are seeing here is a discount tied to the mgt team.  BWD doesn't have the capital to drill, the previous wells were very expensive and unsuccessful (on a production basis

[nlr2]

Hopefully after the Strategic Alternative Brett Herman is running the show. Haha. That would be a dream come true.