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Re: rrufff post# 15850

Monday, 07/11/2005 3:03:52 PM

Monday, July 11, 2005 3:03:52 PM

Post# of 173974
kroes still hasn't finalized the promised purchase of their partner's interest. I don't expect a huge q2. Wells coming back online plus the new well. However,they will get the benefit of selling their excess inventory that was held at the end of q1. Revs should be close to previous highs.

I like that they have a plan to develop this field and are methodically moving as fast as their cashflow will take them. They have a modest drilling budget of 3.2 million but it won't take many successful wells to double their 200+ bpd. Bobwins

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

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