InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,751.07
(
0.90%
)
US TECH 100
19,476.00
(
1.10%
)
Dow Jones
42,352.75
(
0.81%
)
Brent Oil
77.97
(
0.00%
)
Bitcoin
61,988.74
(
-0.14%
)
Post# of 7284
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

sunset01

Send PM Follow Ignore
Followers 0
Posts 66
Boards Moderated 0
Alias Born 10/19/2007

sunset01

Re: gumshoe22 post# 3160

Friday, 12/14/2007 10:51:52 AM

Friday, December 14, 2007 10:51:52 AM

Post# of 7284
gumshoe22,

I don't really see how TIV can afford to develop these properties without selling one or all of them.

Remember, OPUS only pays for the 1st 2 wells. After that TIV must pay its share of each additional well drilled. I don't see how they can afford it without have to dilute the company further, or giving up more of their percentage in the property.

Time will tell.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up