ADI 2.35% $3.05 apn industria reit

today could be the day, page-18

  1. 7,782 Posts.
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    prefer to see adi in the .30's atm but its just floundering atm.. i seriously dont think the eagleford is not a play in the acreages, when its the formation that is feeding the chalks and both are overcharged.. just my own opinion, and i think conoco see's it the same way..

    if only adi can cut a break and complete a well.. its taken an eternity, and to think these wells now take 30 days to drill and about a month more to frac and be on line,,

    its been a long haul from near liquidation for the jvp to getting a farmin partner.. 12 months of waiting, but of course plenty of buying opportunity..

    mid .20's was what i thought adi would reach pre frac.. and then a solid climb after that..

    early days still and plenty of wells to stimulate still..
 
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