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Alias Born 02/13/2012

Re: None

Wednesday, 02/12/2014 12:15:10 PM

Wednesday, February 12, 2014 12:15:10 PM

Post# of 712
Armada oil is not top Management in fact I rate them a C because they have shown bad decisions, like going to NY state and buying 28 shallow gas wells and a 28 mile gas pipe line. NY state is the last place on earth I would go and try to conduct oil and gas operations, second they rushed up to Oklahoma rather quickly to try to complete a horizontal well in the ML lime which backfired on them because they were miles away from the sweet spot. Also the Niobrara shale is not a sure thing they are miles away from the sweet spot in extreme south eastern Wyoming and the eastern part of Colorado I have reviewed the Map many times. They recompleted 2 wells in LA in December and never did put a PR out on them maybe they were bad looks like it. it has been 8 months and no news on drilling, companies like this sometimes go broke. I hope Anadarko Geologists review the spot that Armada Oil is going to drill their first well in Wyoming to get their view. I am heavy invested in this stock maybe their luck will change.IMO

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