Trying to out guess OPEC is like trying to pick a lottery number winner. Until OPEC can squeeze every small oil company out of business, they will continue the gouging. I personally do not think we are their yet.
I am still not even sure if ERF or ANY of the other oil producing countries can outlast OPEC's price setting manipulations through 2016 OR beyond. Either way, I think 2016 will be a very interesting year for oil/gas as a whole.
It also seems quite strange that ERF's PPS structure has DROPPED to the level it is currently at today. It appears to me that the bulk of the MONEY has moved to another source of income. As they stated last year, 2016 appeared as a " drop dead " date for the HEDGES they currently had. At the time those were quite lucrative as I recall.....in the $95+!!!
Does anyone know the shareholder count from 2013, 2014 and current numbers?? Obviously we have lost quite a few investors.
I have been trying to find the numbers on the amount of oil pumped vs. what is being STORED for " future use " by some of the OPEC group. Keeping an eye on that will or should tell one just WHEN the lid is going to be taken off of the can of worms!!! Selling that stockpile of " cheap oil " at 100% or more is where the REAL MONEY IS!
MY opinions are just that.......40+ years of trading experience and take it for what it is worth.
Recent ERF News
- Eurofins Consumer Product Testing Laboratory in Boston Completes Significant Expansion • Business Wire • 09/19/2024 01:00:00 PM
- Eurofins: Purchases of Own Shares from September 9th to September 13th, 2024 • Business Wire • 09/16/2024 03:45:00 PM
- The Eurofins Network Expands Its BioPharma Product Testing Offering in the United States With the Acquisition of Infinity Laboratories, Inc. • Business Wire • 09/16/2024 05:15:00 AM
- Eurofins: Purchases of Own Shares From September 02nd to September 06th, 2024 • Business Wire • 09/09/2024 03:45:00 PM
- Eurofins Scientific SE: Disclosure of Total Number of Voting Rights and Number of Shares in the Capital at 31 August 2024 • Business Wire • 09/04/2024 01:38:00 PM
- Eurofins: Purchases of Own Shares From August 26th to August 30th, 2024 • Business Wire • 09/02/2024 03:45:00 PM
- Eurofins Launches Third Buy-Back Programme of Its Own Shares • Business Wire • 09/02/2024 05:15:00 AM
- Eurofins: Purchases of Own Shares from August 19th to August 23th, 2024 • Business Wire • 08/26/2024 03:45:00 PM
- The Eurofins Network Announces Availability of Real-Time PCR Assay for the Identification of the Mpox Virus (Formerly Monkeypox), as WHO Declares Mpox a Public Health Emergency of International Concern and Health Authorities Recommend Increased... • Business Wire • 08/23/2024 08:44:00 PM
- The Eurofins Network Announces Availability of Real-Time PCR Assay for the Identification of the Mpox Virus (Formerly Monkeypox), as WHO Declares Mpox a Public Health Emergency of International Concern and Health Authorities Recommend Increased... • Business Wire • 08/23/2024 08:24:00 PM
- Eurofins : Purchases of Own Shares from August 12th to August 16th, 2024 • Business Wire • 08/19/2024 03:45:00 PM
- Eurofins: Purchases of Own Shares From August 5th to August 9th, 2024 • Business Wire • 08/12/2024 03:45:00 PM
- Eurofins: Purchases of Own Shares from July 29th to August 2nd, 2024 • Business Wire • 08/05/2024 03:45:00 PM
- Eurofins Scientific SE: Disclosure of Total Number of Voting Rights and Number of Shares in the Capital at 31 July 2024 • Business Wire • 08/05/2024 10:28:00 AM
- Eurofins: Purchases of Own Shares from the 22th July to the 26th of July 2024 • Business Wire • 07/29/2024 03:45:00 PM
- Eurofins Delivers New Record Level of Revenues and Strong Margins and Cash Flow Growth in H1 2024 • Business Wire • 07/24/2024 05:15:00 AM
- Eurofins: Purchases of Own Shares From the 15th July to the 19th of July 2024 • Business Wire • 07/23/2024 03:45:00 PM
- Eurofins Environment Testing Australia Wins the National Association of Testing Authorities (NATA) Excellence Award for Their Microplastics Laboratory • Business Wire • 07/23/2024 01:49:00 PM
- Eurofins Disputes the Validity of SGS’ Purported Termination of the Agreement to Divest Its Crop Science Operations to Eurofins • Business Wire • 07/15/2024 03:45:00 PM
- Eurofins: Purchases of Own Shares From the 08th July to the 12th of July 2024 • Business Wire • 07/15/2024 03:45:00 PM
- Eurofins Provides Update to Key Stakeholders on Current and Upcoming Actions Following Communications Published by Muddy Waters Since 24 June 2024 • Business Wire • 07/11/2024 05:15:00 AM
- Eurofins CDMO Alphora Inc. (Canada) Announces Completion of New API Manufacturing Facility • Business Wire • 07/09/2024 06:00:00 PM
- Eurofins: Purchases of Own Shares from the 01st July to the 05th of July 2024 • Business Wire • 07/08/2024 03:45:00 PM
- Eurofins Scientific announces the acquisition of Labormar, further expanding its presence in Latin America and its Food and Feed, Environmental, Cosmetic and Pharmacological testing offering in Colombia • Business Wire • 07/08/2024 12:26:00 PM
- Eurofins Scientific SE: Disclosure of Total Number of Voting Rights and Number of Shares in the Capital at 30 June 2024 • Business Wire • 07/05/2024 10:42:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM