yes where is the cartoon character. Bound to show up soon and have a foul mouthed rant at the so called de-rampers.(prefer to think of them as savy investors calling it correctly currently). I wonder if Southfork has had his meeting with ML yet. LOL. Growth share of 2013 and 2014...just a quick reminder. I actually feel sorry for AM who I believe has no clue to what will potentially happen next in my opinion and through no fault of his own.
There is a clever game being played on these boards and on Twitter, said it enough times. Its being played right now! It's not all doom and gloom. The picture is not clear for everyone. Seems only people with the negative agenda's paid any attention to what I was posting and the longtermers preferred to ignore what was being said instead focusing on ridiculous estimates.
Lebro mentioned the issue with Ward pooling. If you look at the parties involved you'll see the name Bollenbach. I did say a while back thay there would be another high percentage well spud this summer, Bollenbach 1-33h. Theres also another possibility of Kristi which has legal issues attached to it at the moment. Gastar wells to come during the year also.
There is not a problem with Gant CT14, its following regular schedule.
HP towards the end of the year. Northtland stated this this morning. Our paid broker so says alot.
On the negative side, I do feel ML has let the side down a bit as he sets expectations of going into summer with 150 boepd. If management expectations are expected to achieve 200 boepd then even with these 3 wells they would never have hit 150 boepd. So management expectations were a lot higher. No standing, the company was at 94 last time i checked (before declines) and have now just added another 24 net. That 94 would have declined by now, so say you have 100 boepd. That means CT14 has to produce 350 gross for the company to achieve 150 boepd net. Its achieveable but as you have seen today when expectations aren't met its not received well. On the positive side, you may get the 150 target from CT14, if not it'll come later in the summer from the other larger interest wells which WILL happen.
Should help set of the declines on all the other wells.Suggest someone who goes to AGM. Not worth the train or cab fare for most in my opinion. Ask ML to give a profit forecast for the next 6 months and then to release monthly profit figure after all royalties and all expenses. It will never be done and we all know why in my opinion. OML I do not believe that it was any pi that got Gesseppe banned on here, maybe someone with more clout than us;-). All in my opin ion but great that Gesseppe is on iii. There will be blood post removed prediction of worse than expected results. The TWeet was not quite accurate, LTHolders selling up as have not got MUGS written on foreheads and will go to a share that is more tranparent in my opinion. Who can blame them. Good luck to BTC.
Last clean up on well CT3 cost approx $100k..................it delivered 3 times more oil after being cleaned. However clean up not normally done asap as the well is producing and revenues are coming in. If said well drops off presure and glogs up through dirt etc them 3 to 10 days to clean up we could have increased flows. Good thing is the well is not a do die for us as its only 3%. However 3% in CT wells is a good return and I'm sure Payne know what they are doing. Like I said last week no "dry wells".
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