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Glutten

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Glutten

Re: phowell23 post# 13610

Monday, 07/28/2008 3:49:02 PM

Monday, July 28, 2008 3:49:02 PM

Post# of 32583
they are drilling these wells in Galveston Bay - off a barge.

Aslo, understand UVSE is not the majority owner of this well and they are at the mercy of the descision of the majority as whether they will produce the well or not. The well was not dry, just not what they are after. Hell, if Oil gets over $150/bbl, they may uncork Lone Oak #1 and make some cash. IMO

I bailed at the news, doubled up on my position at .011 & .013 - current avg is .0115 - heh, im almost green! again....
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