The former Wildcat Exploration Ltd HUB On AGORACOM

The company is now known as FUSE Cobalt.

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Message: Re: Ok, I'm out

Jun 09, 2013 08:55PM

Jun 10, 2013 10:11AM

Jul 02, 2013 08:58PM

2 different companies.

PRY is relying on water injection wells to enhance oil recovery, this will not yield big increases in the production profile.

IAE on the other hand is drilling wells in new fields and its production profile is increasing by the 1000's of barrels per day, not 100's.

They have also been adding production through accretion, which is not realized at the start of the aquisition, but does wonders for the cash flow.

They also have a pipeline of projects that will add more production over time. PRY can't say the same.

There is much more upside to IAE than PRY.

PS: I own both.

without prejudice

Andy

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