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Re: bhumiartha post# 1843

Thursday, 01/15/2015 11:10:14 PM

Thursday, January 15, 2015 11:10:14 PM

Post# of 2589
It is my understanding that the folks you are referring to have no more than a couple million shares left. I do agree though on the expectation of any huge share price increases. Until oil prices head back north again. I do expect that within the next 5-6 months though. I am wondering if they will go ahead and drill the second well pair even with the price of oil down, because of possible cost saving due to idle rigs? Just a thought Unless one thinks that oil
will remain this low long term, this is a very compelling play IMHO