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good post,
i look at reserves as a base for share price, example reserves value a company at .05 share if all leases are sold. however start drillin and it goes expotenial in value. this is why i said the stock is explosive!
thank you subito
was my definition of drilling entity,was trying to see where the other poster was going. looks like see couldn't "corner" you and has back away. :]
and why do you keep beating a dead{horse]dreamer??????
your definition of drilling entity??????
just been trying to turn a dime here or there/mostly read and learn/don't post much/however lately the posting on this board
has gotin stupid/what with fly buy nighters posting old old old oldddd/older than oldsailor/news. now we have the "spade"
comments.......oh brother........anything to misdirect the conversation....you go strongus let them have it...full broadside from the 18" guns of the uss new jersey......anyway
OLDSAILOR no disrespect intended all in good humor sir.
from what i have read it takes 750,000 grand to drill an average well/have heard up to 2/2.5 million. i thought i read in the okie paper work where regions said the average well cost for them was 100 to 250 grand. please correct me if i'm wrong. if i'm correct, that is damn cheap,is it so cheap because they are reworking older wells or because they are drilling so shallow[as stated in the okie paperwork? i don't know. however if these come to fruitation this stock is going to be explosive. just my ideas/thinking
people people people
the use of these direct investors is standard for the oil business. 25 to 30 thousand appears avg./however EVERYTHING IS NEGOITABLE as per price/percentage of well production etc.
i have seen a few companies get $25,000 per investor/which normaly would be for one well/however they would pool four or five investors at 25,000 grand each and give them 1/4 or 1/5
over 4 or five wells, allowing those investos to spread their
risk over several wells not just one. REMEMBER 25,000 grand sunk into one well. do you hit the gusher or zip/nada/nothing
its been nice knowing ya, also could be anything between a gusher and nada. risk/risk/risk. most oil companies won't even talk to an investor who doesn't have a net worth of one million
min./and i'm sure there are others that would not touch these people. as for me, i'll take 25,000 grand and buy "RGNO" and spread out my risk over 25/50/100/100's of wells.
strongus this post is not directed a just you BUT ALL POSTERS
greyghost
strongus
agree on both points
hanger ons that can't move on
jerry time to step up to the plate
yes mac
better business bureau
agree stockfishin, isn't what it used to be,haven't worked for a company since late 70's that belonged to bbb, they all felt it was a total waste of time and money
oh brother
33 total post
2 positive about anything
most all about pizza all negative
hmmmmm hmmmm hmmmm hmmmm
bravo!!!!!!!!!!!!!1
my favorite
"shoot ask questions later"
oldsailor
is this what they mean by "loose cannon"?
subito, even i took that as a wild *ss guess,ohhh brother
oldsailor
that would be its mission from day one,IMO,three positive pr's in a week,not one positive post from this one,Imo!!!!!!
rags
after just now returning from birthday party for my wife, your post is the next up to read. rags i can't stop LOL. wait........ are you jerry griggs?????????lol
my only question was how long it would take her, no question about the spin lol
407300 pancakes @ .023 @ 1:43
great post ragmuff
10bagger i did edit my post, the other company i found in my search for info related to feb 15th pr, has both the method and product to enhance recovery. it appears they will license both. however i have idea if regions even knows of this company.
how about this
i'm looking at a method that says 600 percent on one of their test wells,this other company has both a method and a product available.
#3 strongus are you aware of their methods?
also allow regions to use any new methods for recovery. without another co. snooping around?
spaz
see post#24847
spazamz
spaz are you trying to create some sort of international incident over your deleted post? good grief man
are you off your dht again? you know you must take your dht
even if you have to go to canada to get it. we don't want you
going back to the pen,do we? with respect-greyghost
bigpayout have you tried the following well names/tarawa/kwajalein/eniwetok/tinian?
peleliu saipan iwo jima okinawa guadalcanal and or guam