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Re: glengold47 post# 88

Tuesday, 07/17/2012 9:46:12 PM

Tuesday, July 17, 2012 9:46:12 PM

Post# of 136
You got in at a good time, I was not anticipating this dip... I have found this website that is pretty good for flooding british oil & gas companies like FLKOF... There are a lot undervalued British & Canadian oil & gas companies out there...

http://www.iii.co.uk/investment/detail?code=cotn:FOGL.L&display=discussion

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I'm not sure what Wayne & Jones are, are they secondary FLKOF prospects? I have mainly been focusing Loligo.

I think thais dip is due to the pressure concerns which caused BOR to abandon their 'Stebbing' well... Hopefully, FLKOF was able to utilize the problems that BOR ran into & adjust their drilling program to avoid similar issues... All they would have to do is start out drilling a larger hole, so that they will be able to utilize more casing strings to seal off abnormally pressured formations that may encountered.
The larger the hole, the more options that the operator has when problems start happening...

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