Hap R15 & all, my girls have banned the Thin Lizzy from the car so am now listening to One Direction, they sing as well so - help!. Louise was a shame but a SWD well will come in handy in the future to manage costs. Upcoming qtrly should reinforce the fundamentals so mid term I think things are good and oil price shouldn't have big effect as gas income now higher with WK and Abita producing.
I was bored the other night and had a look at some old wells. La Posada (we had 4.75% WI) which we sold is a standout - has produced 1.2mmbls Oil and 62 Bcf Gas in 30 mths since Jan 2012 with Gross income around $374m. The sale was a positive as it protected against CR's and cost mgt has also helped conserve cash which imo should continue to grow slowly and open new opportunities when/if things pick up.
I think it is a good thing to be watching many stocks & bw with everything, plenty places to make money but probably more places to loose it as well if not careful atm - but that's just my opinion
Cheers & enjoy the Weekend
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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11 | 4475392 | 0.003 |
11 | 11600000 | 0.002 |
8 | 42550054 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.005 | 1150528 | 3 |
0.006 | 5120000 | 2 |
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