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More to the point if they can frac correctly is this an...

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tcisboss

13,244 Posts.

12/12/14

11:18

Post #: 14450797
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Originally posted by Buffalo ↑

Can't argue with your point of view Wassa, but Mine is different.

Perhaps I don't appreciate the complexities of this field sufficiently, but it appears to be surrounded by fields where operators are doing better with extraction than AKG. My initial view was that we were unlucky with the water and numerous other problems. Add that we took so long to identify the sweet spot and the time period involved to achieve any of our "milestones". Add random comments from discussions I've had with BUR which I do not want to quote out of context on a public forum, but make it clear to me BUR spend their time chasing info from AKG. It now appears to me that the decision making and execution thereof, rather than bad luck, have got us to where we are. Imo we could have been much better off with other site and operations management and I no longer blame the field as much.

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More to the point if they can frac correctly is this an opportunity to buy at Rock bottom?

BUR Price at posting: 0.6¢ Sentiment: None Disclosure: Not Held
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Open	High	Low	Value	Volume
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