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Re: al19 post# 64583

Tuesday, 11/28/2017 6:49:16 PM

Tuesday, November 28, 2017 6:49:16 PM

Post# of 73702
Last Really Big Oil Move came from $5 milly Technis Energy Deal that eventually fell through a few months later after announcing. That was nearly 3 years ago when it went down. It was right after this debacle that V51 was born. Another PR nightmare debacle. Technis was a larger Oil company so the deal looked promising. $5 Milly to turn over old non productive wells seemed logical as cost to rework was BYSD prohibitive. Suffice to say, Technis was HUUUUGE for a Pinky to land $5m profit. Any new oil deals with fracking capabilities would also be Very Big News, now that the technology has been streamlined and cheaper to accomplish not to mention a friendlier EPA and Regulatory environment.
Technis Energy