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spec machine

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spec machine

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Re: None

Monday, 08/08/2011 10:43:58 PM

Monday, August 08, 2011 10:43:58 PM

Post# of 657
EGY - very nice 10Q

$58M rev
$11.8M net
.20 diluted EPS

the dip in production last month was temporary as shown by the latest lifting report (over 800k bbl) and it looks like they will be drilling the Angola leases soon with the new partner

comfort is impossible to find at times like these but I like the value here in the low 5s or better (even with crude prices falling)

looking forward to the conf call tomorrow

spec

- Foglifter -

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