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Northcote Share Chat (NCT)



Share Price: 0.665Bid: 0.63Ask: 0.70Change: 0.00 (0.00%)No Movement on Northcote
Spread: 0.07Spread as %: 11.11%Open: 0.66High: 0.665Low: 0.66Yesterday’s Close: 0.665


Share Discussion for Northcote (NCT)


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dave1372
Posts: 165
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:1.65
Todays News - Excellent!
13 Mar '13
Highlights

* Progress achieved across all three areas of the Company's project portfolio
which has a P1 PV10 of US$47.6million

* Horizon Project in Osage County:

*
+ First fracture stimulation at the Big Hill 1H-12 ("Big Hill #1") well
expected to commence in the week beginning 18 March 2013 - preparation
milestones met with necessary water volumes being procured locally

+ Second fracture stimulation targeting the Big Hill 2H-12 ("Big Hill #2)
well to follow Big Hill #1

+ Burkhart #1 has reached target depth of 4,226 feet and intercepted oil
shows in multiple objectives. Evaluating completions in Viola and
Mississippi Lime formations

+ Solid progress on Little Drum unit workover programme - completion of
salt water disposal pipeline system expected in next 30 days to
substantially lift oil and gas production rates

* Bird Creek Project in Osage County:

*
+ Bray #1 well has successfully reached target depth of 1,820 feet with
good oil shows across 10 feet of pay from 1,704 to 1,714 feet

+ Keese #1 well being permitted with drilling expected to commence in the
next four weeks

+ Better of these two wells to be completed as producer and second well
as a salt water disposal well

* DeAgua Project in Woods County:

*
+ Completion of salt water disposal well to service the Busse #1H and the
Bouziden #1H-17 with production expected to commence in April 2013
 
WoollyBoing
Posts: 1,018
Off Topic
Opinion:No Opinion
Price:1.80
Mixed news?
13 Mar '13
News of operational progress mixed in with a sneaky little confirmation of 23,508,138 new shares taking it to 890,412,716 in total.
gavla
Posts: 434
Off Topic
Opinion:Strong Buy
Price:1.78
?
11 Mar '13
Mms selling below mid price, buys looking like sells, crafty mms after stock?
CaveatEmptor
Posts: 3,110
Observation
Opinion:No Opinion
Price:1.78
Fracking
11 Mar '13
In the area typically increases production anywhere betwen 2x and 20x: Even the average of 11x would move our SP to a new level - and news due by Friday. GLA
gavla
Posts: 434
Off Topic
Opinion:Strong Buy
Price:1.80
.
11 Mar '13
1.78/1.80 moving up on small vol, should be a great week. gla
c00lblue09
Posts: 112
Off Topic
Opinion:Strong Buy
Price:1.80
news soon
11 Mar '13
Fracking news mid march
gavla
Posts: 434
Off Topic
Opinion:Strong Buy
Price:1.78
good morning all
11 Mar '13
Should be a large blue week.gla
dave1372
Posts: 165
Premium Chat Member
Off Topic
Opinion:Buy
Price:1.78
The future is very promising
8 Mar '13
Most people will have done their own research enough to know the fracture stimulation of the Mississippian Lime wells in Oklahoma is expected to yield wells that have high initial oil production rates allowing for a relatively significant early cash flow from newly fracced wells and a quick payout cycle. When combined with the cash flow from existing production,this provides the funds necessary for NCT’s plans. NCT’s Oklahoma leasehold position has the potential for significant upside through expansion and continuation of the drilling program as well as through the Osage County options and through NCT’s plans to increase its ownership percentage in Woods County
gavla
Posts: 434
Off Topic
Opinion:Strong Buy
Price:1.78
.
8 Mar '13
here come the buys. gla. have a nice weekend



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