I hate these reports that don't list qtrly results. Looks like cashflow for q3 was .05 and eps was .02, both improvements. Also looks like they are reducing guidance. Originally were talking about exiting 2005 at 2000boepd, now saying 1600 with 2000 by q1. This may be related to the delays in pipeline hookups and also could be delays in ability to get equipment due to the drilling boom.
I also think that Harmattan hasn't worked out quite as well as the company anticipated. Maybe the Harmattan wells are part of the 500bpd behind the pipe. I don't know but they aren't crowing about it like they were when the well first came online.
Texas appears to be the growth vehicle. The current well at Hancock and Hound Dog #2 could have a big impact on 2006 results. Diaz still is cheap at 4 times forward cashflow but things are moving a tad slower than I expected. 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
