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Bobwins

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Bobwins

Re: None

Thursday, 10/31/2013 2:08:57 PM

Thursday, October 31, 2013 2:08:57 PM

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Great Q3 earnings report from SFY. +.75 to $13.93 so far today.

http://finance.yahoo.com/news/swift-energy-announces-185-increase-100000298.html

Earned .20 eps but around $2 cashflow!

Selling for less than 2X fwd cashflow

Commentary indicates that Swift is moving towards EOG type FAT FRACKS. Q4 should be interesting because they are bringing in a third proprietary drilling rig AND should employ the new completion techniques on all wells.

Here is an article describing the new type of fracks that EOG is using.

http://seekingalpha.com/article/1755982-bakken-update-frac-sand-pricing-could-go-parabolic-as-eog-resources-well-design-revolutionizes-unconventional-oil-production

If SFY can average over 2,000boepd on their new wells, they will have to move up their 2014 guidance!

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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