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ShootinBlanks

07/09/08 7:45 PM

#8038 RE: MossyOak #8037

Without searching, they say they are looking at alternative financing. OM has stated several times that they have rolled over their debt with Laurus in the past. Maybe it is a tax right off for them, who knows? They have proven reserves and even with the recent downtrend of oil they should definitely post huge profits over their first quarter this year. Time will tell on this but I am banking on some great news in the near future.


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wisardd1

07/09/08 7:47 PM

#8039 RE: MossyOak #8037

And how long have these new wells been online and this increased value been factored in? 2 or 3 quarters? I don't think so!