Significant week for Senex really. It made a new 12 month high, finally responding to higher oil prices with Oil being at its highest level since Dec 2014.
That in itself is pleasing given NO significant news event released by Senex.
We should get the Quarterly in a week or 2.
Shareholders are keenly interested in flow rates / revenue being generated from the 30 wells in the WSGP.
Are those wells performing. Will the entire permit be a decent cashflow generators for the company. Is the permit area worth the continued investments. When or if are funds coming for the capex and on what terms.
There has been a real .... lack of news .... coming out of Senex this past 3 months since the 1/2 yearly. (which in itself has nothing significant in it)
In order for the share price to be ..... priced correctly ..... the market needs data .. on future earning potential.
I really do hope that the quarterly has some real honest information in it ... and NOT the usual stuff ID puts out .... which the analysts clearly are over (when you listen to the conference calls questions) ID"s usual ..... Oh we will inform the market at a later date ....... approach .... later date = now.
I am so over ..... second guessing IF the WSGP is par or sub par acreage.
We have waited long enough. time to tell us all the truth !!!
The data is available. So make it available to the market !!!
SXY Chart, page-684
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