InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,572.85
(
0.10%
)
US TECH 100
19,970.40
(
0.39%
)
Dow Jones
39,344.79
(
-0.08%
)
Brent Oil
85.14
(
-0.32%
)
Bitcoin
57,340.19
(
1.12%
)
Post# of 51429
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

PinkElephant

Send PM Follow Ignore
Followers 12
Posts 871
Boards Moderated 0
Alias Born 10/02/2006

PinkElephant

Re: kelseyf post# 38712

Friday, 08/15/2008 11:58:24 AM

Friday, August 15, 2008 11:58:24 AM

Post# of 51429
I will certainly concede your on site knowledge of the area. The '12 others' were the ones listed by KGS in the same specific 'section' that were all drilled to the same depth. I think you were fishing during that discussion:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31263300

Certainly there are more wells in other adjacent sections. However, I am not sure I see the value yet in being surrounded by dry holes and abandoned wells.

As for the 79 active oil wells you claim are near by how much oil are they producing on average? 3-5 BOPMonth? Again not a very hopeful sign. Certainly you aren't implying they are in the same creek trend as the Collins?
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

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