Armada oil has been slow to respond to recompleted wells I believe as some of you that anybody who will put up 17.5 million dollars on this stock is not going to let this company go under and may eventually take the company over. A good well in Wyoming or ML or the deeper play in Oklahoma would send this stock upward quickly. A rumor has it that someone maybe Devon energy has a well in Garfield county making 1,000 Barrels per day. This is only a rumor. There is a new shale discovery in west Texas they say holds 100 billion barrels of oil 5 times that in North Dakota starting around Sweetwater NE making a circle south of Amarillo shaped like a tear and back to around Sweetwater or near and one company is already producing from it. This area is called the Petroplex. IMO
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.