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korpin

09/10/13 5:57 PM

#3834 RE: korpin #3833

did a little more research...it IS almost without a doubt New Zealand Energy the question is when to jump in?...I am worried they may have some dilution coming so I am thinking of waiting to see how they get the 6 million to purchase the Origin acerage...perhaps it is already factored in? not sure

and of course there is the high production costs problem...I have read they were renting pumps and that may be a part of it but not all of it...total costs were close to 78.00 USD per barrel last quarter not too good