Longford Energy Inc V.LFD

Lets Apply Some Common Sense.

[1BestPicks]

With all respect.

 

The shallow Jeribe discovery drilled in 1936 and reported to have tested at 4,800 barrels of oil per day.

 

 

Now then, if they could drill and test the well in 1936. Is it possible with all our modern technology to replicate this without any major problems.

 

Is that a high a probability or a low probability.......... Is their higher risk or lower risk.

 

 

I believe the answer is very obvious; LFD will drill the well without any major problems.

 

More importantly; LFD shareholders need to re-evaluate all their assumption that when into their due diligence.

 

LFD is nothing like WZR. Both have completely different production profile objectives. LFD could be in small production and cash flowing years ahead of WZR.

[bmouton]

Western Zagros is producing currently: Sarqala-1 Extended Well Test Production from the Sarqala-1 extended well test has continued to increase with the addition of tank capacity and the construction of a new weighbridge at site. Gross production to the end of November totalled 96,000 barrels of oil that was sold into the domestic market. WesternZagros anticipates December production from