SwingTrade Member Forum

[Here comes the night]

SCU Spoke with CFO this morning and all 12 wells at Powder basin should be producing easily by end of 2006. They currently have 26 in and 17 from the one federal appication to go. The other application is just a formality as the prequisite work is in those should be granted and drilling early next year. They are meeting or beating all their goals in the Farm-in -project with Encana in BC. Unless they have another acquisition they are now cash rich enough to take care of all projects. CEO and CFO were just in Canada to accept the award for being # 3 company as deemed in the Toronto venture exchange ( gas and oil). There is time to DD this company and have tremendous returns over the next 18-36 months IMO...MWC