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Re: Pennimon post# 12343

Wednesday, 08/16/2006 2:33:00 PM

Wednesday, August 16, 2006 2:33:00 PM

Post# of 35788
Geez Penni, sounds pretty good at todays oil prices....but wait!
What if.....they hydroslot these wells and triple the output?
Yeah, that might be something to write home about. Just remember the LOI closing is a month away, lots of time for MMs to play...

So what? I can wait. All they do is make for a better entry price.....triple the output eh? Lets say they only double it to 600 barrels per day, our share would be 300 barrels plus per day.

Dont count your chickens before they are hatched my friend. Might be a good time to get prepared for it though, looks like little downside from here. Might go down a little for a while.....

Yeah I know but all good things must end sometime. When it does you will just have to buy at a little higher price is all. Do you realize you are talking to yourself? Yeah well wouldnt be the first time....LOL