Armada Oil Inc (fka AOILQ)

[germanium123]

Armada should be producing 900 to 1000 barrels per day before they go out and start trying to sell the company to investors. the PR the other day did not mention one well or dry hole they had recompleted in LA since May 1 that is 40 days they should have recompleted 2 work over wells in that time length. They did recomplete a well last year that came in at 260 barrels per day maybe they will get lucky and surprise us with some good production recompletions. I have read on the Niobrara shale in Wyoming where a well came in at over 1700 barrels per day another at over 1200 barrels per day initial production and some dry holes. did the company give up the 23,000 acres they had a option on in Wyoming the PR the other day sort of mentioned that I am not sure. I am in at 0.335 so I am in the loss column thus far. we can all look for better days I hope. IMO