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treasure hunting

04/10/21 9:25 AM

#17543 RE: Ailan #17534

As to me , you seem to be the most knowledgeable person of oil exploration on this board I have a couple of questions . If the results are not the greatest but promising, where do you think this stock would be at . I bought in at the hype and took a bit but have averaged down to .03 . Are the leases of the land worth anything now that there are no new leases being issued at this time ,even with poor results. Do you think there is a possible buyout .I’ll take any information you have as a opinion, as I will admit I know nothing about the oil process . Thank you for your time
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OilPatch

04/10/21 11:14 AM

#17560 RE: Ailan #17534

Most likely pretty accurate... It will really depend on how convoluted the tested results were. They had issues and incomplete data results. Having said that the post drill mud-logging data was the most compeling for me as it basically matched the sub-surface geology from the seismic data and there were clear indications that they hit the Nanushuk formation, albeit a larger pocket.

GLTU