Post by
groundpounder2 on Jul 16, 2014 5:41pm
Escape Velocity
We are creeping very close to the consolidation price of $.62. If we can blast through this price with good volume we will have escaped earth's gravity and moon bound. The last time we were above this price was 2 years ago this coming August. Two years of heartburn.
I am hesitant to count our chickens before they hatch. We have to find gas! Once we do that the afterburners kick in.
Comment by
TheRock07 on Jul 16, 2014 7:35pm
We have plenty of gas....... About 16 million boe.... Sitting less than a km offshore of our gas processing plant. All we need is a JV partner to drill three wells into that reservoir which is a proven producer. The Magallanes now is another matter. Chasing that 100 million boe elephant could be that moonshot.
Comment by
reggiyu on Jul 17, 2014 2:18am
This post has been removed in accordance with Community Policy
Comment by
TheRock07 on Jul 17, 2014 6:39am
Spammer.....this is pump n dump