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Bullboard - Stock Discussion Forum DXI Capital Corp V.DXI.H

Alternate Symbol(s):  DXIEF

DXI Capital Corp. is a Canada-based company. The Company has no active operations. It does not generate revenue from its operations. The Company’s wholly owned subsidiary is 0855524 B.C. Ltd.

TSXV:DXI.H - Post Discussion

DXI Capital Corp > And im still here still buying the dips ..ROUGETRADER
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Post by ROUGETRADER719 on Feb 01, 2019 11:37am

And im still here still buying the dips ..ROUGETRADER

Its agreat time just like last year stock went from 0.045 to 0.16 and that not even hitting oil , but this drill season comming looks hot hot hot for some oil I.P  could be 500 to 700 BOPD  on just 1 well 

N.a.v. on DXI is closer to 70-100 million rigth now market cap sits at 5 million
 
WE should see .30 on this drill imo  closer to 1.00 if they hit that target oil pool GLTA
Comment by foothillsdd on Feb 02, 2019 5:51pm
Do wells in that area produce 500 to 700 bbl/day?   Seems a little high. 
Comment by Oilman36 on Feb 03, 2019 3:31pm
I dont like agreeing with that dummy but it is accurate. They are really good wells. On a historical basis, initial wells at the Woodrush oilfield drilled in 2008 and 2010 each commenced production at rates of approximately 500-700 BOPD of light 42' gravity crude, have produced over 675,000 barrels of oil since discovery and were still producing at a daily combined rate of 300 BOED through Q2 ...more