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Re: Arlocali01 post# 16491

Wednesday, 03/04/2015 2:28:19 PM

Wednesday, March 04, 2015 2:28:19 PM

Post# of 17809
It all depends on your time horizon. These wells will payback within 16 to 28 months at 85.00 + oil. Depending on oil price and production. A great well is a great well, a good well is a good well and a dud is a dud. There is no in between. Regardless,these wells will produce for 12 to 15 years. So, it is a long term investment no matter how you slice it.

I'm not sure I understand you when you say "SOG will do fine once they re-list." Seems to me all of the progress happened after the de-list. I personally can't wait for the re-listing, but I fail to see how it will affect the day to day operations. Do you care to elaborate? Just curious of your thoughts.

I just wish there was a way for me to buy more stock right now.

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