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Chivito

07/26/10 12:30 AM

#23416 RE: bwrbad #23415

That would be real nice, they probably made some side pocket change. Nothing to boast about (heck, maybe HTR is making more bank than the wells) but nonetheless, it could help for a nice lil buyback!!

They could have been for writing off taxes, for diversifying SDVI, for taking a risk, showing credit lines assets, there are too many factors....


Here's for hoping!
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tonyohno

07/26/10 10:51 AM

#23439 RE: bwrbad #23415

what area, and just because there are huge reserves by no means does that keep a well from not producing. i have seen a well produce 700 bpd and do an offset and hit a dry hole. happens all the time.