Eni SpA discovery “super giant” natural gas field reserves at offshore is only 30 percent larger than Swift Energy’s Eagle Ford, Oro Grande and Uno Mas. Eni spend over 4.7 Billion to develop plus their break even cost is over 4.35 dollar per MCF, versus Swift energy production cost is 1.78 dollar and break even cost including DD&A is only 2.62 per MCF
Developed and Undeveloped Reservoir Volume of Eagle Ford/Fasken/Louisiana Reserves and new leases UNO MAS, ORO Grande is over 943 Million BOE (reference Q2, 2015). The proved Reserve volume indicates a Total Liabilities and Stockholders’ Equity is over 4.26 Billion Dollars
Uno Mas: • Approximately 3,600 contiguous acres in Live Oak County • Acreage is adjacent to an offset well that IP’d at over 14 MMcf/d and has produced nearly 3 Bcf to-date with an EUR of approximately 5 Bcf • Analysis in this area shows over 320 feet of thickness and over 200 Bcf/section OGIP for the Eagle Ford • Identified 24 drilling locations; 1.1 Tcf resources in place, with potential up to 0.5 Tcf recoverable • Position benefits from offset operator well control
Oro Grande at Eagle FORD ~24,000 acre position overlapping LaSalle and McMullen Counties – 12,635 net acre Eagle Ford position in LaSalle County – 11,850 net option acres adjacent to SFY’s LaSalle lease in McMullen County • Analysis in this area shows 322 feet of thickness and over 240 Bcf/section original gas in place (OGIP) for the Eagle Ford • Identified 145 drilling locations; 9.2 Tcf resources in place, with potential up to 4 Tcf recoverable • Position benefits from offset operator well control • The acreage has excellent access to natural gas infrastructure
Do you post only to get people to hate you? It must be a tough life - I would not want to live that way.
BioLargo (BLGO) just announced that researchers conducted a confidential technical symposium August 17th at its laboratory on the University of Alberta campus in Edmonton Canada. Over 30 individuals representing a wide range of interested stakeholder groups including science, research, academia, industry, engineering, federal and provincial funding agencies, investment professionals and a leading global philanthropic organization attended. BioLargo scientists presented results of experiments and studies validating the company's technical claims that the AOS Filter is less than 1/20th the cost of the nearest technical competitor, at greater than 100 times the efficacy (disinfection), and more than 10 times faster. Researchers presented confirmation of more than 100 studies replicating these findings, demonstrating the AOS Filter's important role and high value in just about every segment of the global water industry estimated at $350 billion annually.
Independent researchers refer to the AOS Filters disinfection rates of performance as "unprecedented". The AOS Filter combines iodine, water filter materials and electrolysis within a flow-through water filter device, generating extremely high oxidation that eliminates soluble organic contaminants that are commonly found in many types of contaminated water. Studies prove extremely high rates of disinfection, eliminating infectious biological pathogens likeSalmonella, Listeria and E.coli in water.
This amazing AOS Filter technology is ready for commercialization and the company is ready to soar right now. Read the press release.
Buy and hold these penny shares in your portfolio before they are $5.00 and then $10.00 and then $20.00. This could be one of the biggest winners to come along in a long time.
Sentiment: Strong Buy
Mondays are the start of the work week which offer new beginnings 52 times a year! Go be someone!
Swift Energy TOTAL Proved Developed and Proved Undeveloped Reservoir Volume of Eagle Ford/Fasken/Louisiana Reserves and new leases UNO MAS, ORO Grande is over 943 Million BOE (reference Q2, 2015). The proved Reserve volume indicates a Total Liabilities and Stockholders’ Equity is over 4.26 Billion Dollars
Shareholder's Equity is over 4.26 Billion Dollars....Based on OroGrande, UNO MAS and existing Eagle Ford/Fasken/Louisiana Reserves, The TOTAL Proved Developed and Proved Undeveloped Reservoir Volume is 943 Million BOE, Total Liabilities and Stockholders’ Equity is 4.26...
A huge psychological milestone announced at a perfect time.
Like the flip of a switch...right off dead bottom...oil, energy, etc. is now HOT.
Better fill up your tanks and sell that SUV while there is still a market.
Funny how all the masses went out and bought gas guzzlers this past year...listening to Cramer.
Instead of buying SUV...I've been buying SFY.
With a nice bounce to the sector, liquidity will no longer be an immediate issue...people will be pounding our doors down to lend us $640M at rates of our choosing!
We are on the good rock...and in an oil bull market, that is where to be!
Buffet's announcement marks an official change of mindset for energy.
People have been calling him a fool with every new, outside the box venture he has made. They are always soon corrected. Remember how he avoided techs in the 90's and hoarded silver? Sure, it took a beating recently but only after a stellar run.
That is a pretty bullish chart reading.
Is that your conclusion, something you read or a fortune teller?
Ironically, if such is true, "fortune" would be accurate.
After all of the harsh measures endured by this company while acquiring prime assets at the same time, $5 gas is a rocket to the moon for this stock.
we have a new rebecca posing as the first one; oddly enough the poser is a pumper and the original was very negative. viritually the same name, but not quite.
I'm expecting some short selling this week with the Fed Meeting plus the huge run up, I expect a little bit of give back to the .48 level or maybe below. Someone is dumping at end of day. Based on the SEC Reports - blackrock is reducing their position by a couple of million shares. This may be a part of the EOD sell orders.