Replies to post #422 on DXI Capital Corp. (DXIEF)

[aeromac]

I agree. Would expect an announcement either Wednesday p.m. or Thursday a.m. before the call. The market does not seem to be expecting anything dramatically positive and companies usually cannot get good news out fast enough. So, I think that our expectations should be modest. Still, modest flow rates at Rio Blanco with continued expansion there, as well as at further production from Peace River Arch, could add up to good (if not thrilling) news, in total. The insiders did buy at $1.85 (US), so, we have some reason to feel that the news is probably not catestrophically bad. So, I am guessing something in the middle range.

Can't blame the company for whatever the news regarding Rio Blanco is, I am just not at all happy with how they handled it. They can go some way toward making up for that by being clear and forthcoming on Thursday - hopefully they will.

[futrcash]

Same as you, am keying on the interview, as hopefully it will shed light on the company's efforts and results to date.

What I especially hope to hear explained are the details and results at the north barcus creek sites.
if I'm not mistaken the directional drilling which most operators employ there, is still being evolved and is open to many diverse completion possibilities.All of which require careful consideration and evaluation as those decisions necessarily imply more development time and money.

From what I've read with regards to other completions in that basin,oftentimes there are numerous productive horizons all of which aren't necessarily fractured and developed initially due to budgetary contraints.
Sometimes an operator might choose to only fracture stimulate the largest,or most prospective interval,and leave other smaller payzones for a future workover.

futrcash