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sneaky2

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sneaky2

Re: Big Mur post# 44745

Wednesday, 02/18/2009 1:27:24 PM

Wednesday, February 18, 2009 1:27:24 PM

Post# of 51429
Just my opinion, but I believe the market has Hemi's pps based on their current oil production ONLY. ( perhaps somewhere around 600 to 800 bpm). I also think that Kieth realizes the markets are not giving Hemi credit for all that Hemi controls in the way of leases and reserves. That is the reason for the new hor. drill that is about to to begin. If Hemi is successful in this project production could double to 1600 bpm and then with a second drilling to 2400bpm. this is what I am hoping to see. I know I'll probably catch hell for even suggusting such a possibility but that is how I see things happening.
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