Replies to post #1700 on Deep Well Oil and Gas (fka DWOG)

[extreme22]

DON'T BE SURPRISED BELOW $90

Unfortunately this doesn`t help...


http://www.reuters.com/article/2014/10/13/oil-saudi-policy-idUSL2N0S80L020141013

Global benchmark Brent crude oil futures have fallen steadily for almost four months, dropping 23 percent from a June high of over $115 a barrel as fears of a Mideast supply disruption ebbed, U.S. shale production boomed and demand from Europe and China showed signs of flagging.

Brent fell below $88 a barrel on Monday, hitting its lowest in almost four years, after news of the Saudi and Kuwaiti statements.

[wshaw14]

I think it is still our former management, but I have heard they do not have many shares left. There will be games played until the actual production announcement. JMHO