Re: Preeceville Drilling Update
in response to
by
posted on
Jun 03, 2008 03:45AM
Edit this title from the Fast Facts Section
So, is this a normal reaction to this news? We have lost about 0.28 cents or their abouts from Thursday?
Oil companies may drill a bunch of holes but very few have 100% success rates.
Anyone hear anything about the AGM yesterday?
I am afraid I read only some of the MD&A for the first 1/4. We have 6 wells in production in Joffre Land in Alta.
Interesting to note in Feb NOG acquired an 85% interest in the compressor station in Joffre. They have signed a contract with a major pipeline to transport the Copany's gas. This will result in a significant reduction in the cost's of the company's natural gas production in the region.
We acquired four well bores located on leases on its lands in Lloydminster. They want to bring them into production over the next 30 to 60 days.
Lloydminster seems to be interesting.
Any opinions??