Don't forget, they are presenting at a conference on Monday morning @ 9:45 Pacific (12:45 PM Eastern). Maybe some extra good news to roll out along with the obvious positives like...........
***trading of less than 1/2 of book value
***trading at less than 1.5 X cash flow
***reserves over 15 years of production
Kel..................ps....bring out those "down thumbs"
Now at 9.96. Not sure if I want it. Drop in WTI is a little scary. SFY is OK, but what about the whole group? Will keep watching.
You are right, based on production information from Eagle Ford and Louisiana 3rd and 4th Q's revenue are going to be great.
MOSCOW, September 19. /ITAR-TASS/. A strategic command and staff exercise code-named Vostok 2014 (East 2014) with about 100,000 troops participating began in the Eastern Military District on Friday, the Defence Ministry said.
“About 100,000 servicemen, up to 1,500 tanks, 120 aircraft, 5,000 pieces of weaponry, military and special hardware, and 70 ships will take part in the exercises,” it said.
Tactical and cruise land-, sea-and air-launched missiles will be fired during the manoeuvres to take place at more than 20 training ranges from Anadyr in the north to Vladivostok in the south.
The troops will practice skills to defend the coast and islands in Sakhalin, Kamchatka, Chukotka, and the southern part of the Primorsky Territory.
Worried by a drop in Russian gas volumes being transited via Ukraine and Slovakia, Kiev has asked the EU to discuss the issue with Moscow.
According to Ukraine’s Energy Minister Yuri Prodan, the decline in gas volumes is serious and a cause of concern for the government in Kiev.
If Vladimir Putin and Gazprom finalize their grand plan to expand into the Chinese energy market, the European Union will be left literally in the cold. After years of trying to reduce Gazprom's presence in Europe, the European Commission may see Gazprom leaving of its own desire. Such a scenario will not be pleasant for their European consumers.
Moscow's Dispute With Ukraine Over Gas Payments Threatens Supplies. PRAGUE—A fall in natural gas flows from Russia to several Central and Eastern European countries this week has sent a chill through the region as it prepares for possible energy shortages this winter.
By the way I am very familiar to this company, and their core holdings, especially Eagle Ford. This stock should be not less than 30 dollars. Their recent wells have excellent production. They could get over 200 million dollars from Central Louisiana, and they have a huge opportunity at their New Mexico, Colorado Niobrara field. They have been producing over 20,000 bbl crude and over 250,000 MCF NG from South Texas
Planning to hold until third Q of 2015 to double my money. If drops more, going to buy little bit more, may be another 5000. It is nice opportunity to easy double.
Posted by Michelle Howard September 18, 2014
Russian gas producer Gazprom is likely to record its lowest output this year since its creation a quarter of a century ago after cutting supplies to Ukraine and losing market share to domestic rivals.
Gazprom reduced its 2014 production forecast this week, and analysts regard even this figure as overoptimistic due to Moscow's battle with Kiev over gas prices and its role in the conflict in eastern Ukraine