InvestorsHub Logo
Followers 556
Posts 17440
Boards Moderated 42
Alias Born 10/21/2003

Re: cartonet post# 13822

Sunday, 11/17/2013 1:47:56 AM

Sunday, November 17, 2013 1:47:56 AM

Post# of 17741
Joseph Schachter was on BNN yesterday. He was asked about DXE. He said mgmt thought they had something because of the logs and the fact that they were testing three zones. Schachter said the only question is whether the oil they have is commercial.

He thought 1,000 or 2,000bpd would be a major win for DXE/NFK but again cautioned that it will be a binary event.

So it doesn't surprise me that mgmt is acting like they have something. They surely believe they have a commercial well but until the testing is done, no one will really know.

3 weeks is not too far away and we will all know pretty quick.

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

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.