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Thursday, 05/29/2014 1:19:02 PM

Thursday, May 29, 2014 1:19:02 PM

Post# of 7280
The rise of the Phoenix. From nothing, to something (potentially) substantial. If their proprietary technology is successful, these marginal wells will be producing for some time, and in a meaningful way. They have the infrastructure, they have the wells, they have a contract, and apparently were successful in the acquisition. If, the production produces significant cash flows, they could grow organically. Lots of other properties with problem wells waiting to be revitalized. Last I checked, low float.
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