Thx for the Reuters piece DD, got to feel sorry for the MAGP PI's as the piece talks of Sandridge Energy slashing its rig count by 75%, the most significant pullback yet by a publicly listed company and that it plans to cut its wells in the Mississippi line from 30 to 8 by April. In the last MAGP report they showed they have 12 wells in the lime, one with Sandridge and two they operate. NTOG is concentrated in the Hunton. Not a bullish story by any means but maybe NTOG will attract pi's from other companies in worse positions because if there's one thing every expert is sure of its that oil will rise again soon.
Unless we all agree that there is a problem in share dealings, we will never come good no matter how good production figures are. Let's keep blaming oil prices yet we all know when CT1 -CT4 results where announced, share price fell soon after despite the significant derisk since there was no dry wells.
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