Re: May 1, 2009 - Questerre adopts Shareholder Rights Plan
in response to
by
posted on
May 04, 2009 05:28AM
(Edit this message through the "fast facts" section)
thanks JQ (and Rocco for calculating), good forum.
Yes, he says 3, but also talks about 6-7. TLM gatering 2-D data. This is from the news:
We have one zone with
three vertical successes over a broad geographic
area. While early, this zone exhibits the
characteristics required to carry a commercial
development. Two other zones show good promise and we
expect further engineering work will unlock their
potential."
Questerre also reported that the operator has begun
work on a seismic acquisition program in the
Lowlands. The 2-D data will target several areas for
prospective pilot pads that could include multiple
horizontal wells.
So an acusition offer now would have to include these also. Ok, enough about selling for now. Just That I see exon puts money aside:
Exxon Mobil Corp. is taking steps to preserve cash in the market downturn, positioning itself to take advantage of new investments and make acquisitions.
OSE had some to recap after the holliday, so I think you will see qec above 1.45cdn today:)