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Re: dreamz333 post# 66

Thursday, 03/29/2007 11:40:31 AM

Thursday, March 29, 2007 11:40:31 AM

Post# of 717
IMHO I see this as a longer term investment. They have a rework plan for 120, presently they are reworking the second group of 4 wells and shold be done in 2 weeks per their PR. The only thing that may cause a run in the near term is good news from South America or a new deal here is the US. A successfuly recompletion of a second well in Port Arthur can also move it. I'm curious about the South American operation and what kind of PRs we'll be seeing from it. You can make pretty good money being a middle man if you have good contacts. Pinkies are risky but these guys have drilling experience. All IMHO, gotta do your own DD.

JMO - Do your own DD.