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No confidence until fillings are posted.
It won’t run until we get filings....
On just OS and of revs are what they say they are it’s close to 2.00 straight without multiplyers.
I like how they are keeping us posted! Nice tweet. These things take time.
Yeah I agree looks like old management could care less about fillings I guess.
I wouldn’t expect much until we get some fillings it if they are 45m and minimum debt this will fly.
Yeah that’s what I’m saying that’s close to 2 dollars a share....
Nice tweet.... let’s hope they come through.
I got in at .165.... almost seems to good to be true. 25m os and 45m revenues....
I’m going to try tomorrow may be hard to get in a decent price may not never know in the otc.
Someone wants out they are dumping their shares.
Agree
Same will see what happens at the bell.
Possibly back over $5 today?
Actually hit -37 on a technicality.
Haha gotta laugh at the mom jokes!
I tried wouldn’t let me get them that was before the 350k came up.
I got back in shares are hard to come by....
Yeah looking through their other stocks they have been appointed looks great. CL$I is having a great day. Looks like it took 4 to 5 months for that to happen.
Just need some news... holding well.
I would love to see that... just depends on who takes it over.... SS is nice.
How long till we get some fillings you think?
Nice it’s pretty locked up, when some filings drop with who’s taking over should get interesting.
I got just under 600k @ .096 hopefully this pays off sooner than later.
I’m trying to buy as much as I can pretty tough! Haha
Your not taking into account for opec they have cut a lot they will open back up soon.
Ok so I’ll post some stuff was sent a message. Here is my take honestly this was so volatile I flipped it. My issue is looks like they filed for BK before this oil price really took a dump. One main issue with smaller production companies is the cost to drill the well. These large horizontal wells cost upwards of 15 to 20 mill to drill and complete that the oil price has to be pretty stable above 40 to make a small profit. If oil can stabilize and they pull out then yes this will be a home run. Our management is telling us to be prepared for oil to stay in the 30’s for a few years.
Nice action sure does have some strength.... maybe some anticipation of the q coming will give this a boost.
Pretty volatile but yeah added some more in the .05’s
I got in at .07 pretty tough to get in though
I got in so that’s good I bet we break .10 today.
Yeah shows they drilled 18 horizontal wells in the wolfcamp they come in hard.
Btw BOE means barrels of oil equivalent
I’m going to try and get in today....
Their website says they predict 180 MMBOE in that area. They are in wolfcamp and Ellenburger. Sounds promising good oil production can come from that zone.... mostly Crockett co. Southern midland basin up into the Delaware basin.
Depends on where they are at.... I’ll look into what zones they are producing.
Right but there’s more to that in the oil business LOE and BOE effects value etc... amount of wells running and what’s down.
Yeah plus they wanted to sell at 190+ million so there’s some basis for value.
Ok so let me give y’all some insight on production in the Permian. I work for a major oil company in west Texas, their q coming out prob won’t look so hot just because we turned all kinds of production off due to the oil price. That being said this is still way under valued. It will be interesting to see what they report.