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GASCO ENERGY INC Message Board

  • theubiquitousman theubiquitousman Sep 28, 2010 1:01 PM Flag

    When is GSX going to take their story on the road?

    I thought in their last conference call, now that they are on sounder financial footing, they said they were going to start presenting at some investment conferences. Are any scheduled?

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    • three are scheduled for sept -oct.see my post

      • 1 Reply to basalt05
      • And what is the story that GSX is taking on the road that is going to increase its share price?
        A rank wildcat well in CA that should spud during the 4Q 2010 and another that may spud in the 1H of 2011. The big prospect is not slated to spud until some time in 2012. The natural gas wells are not commercial to drill in the Uinta Basin because of the present price GSX receives for its unhedged production.
        Are they gonna drill the two green river formation oil tests that they permitted this year or are they shopping for a partner or did they just permit the wells to look like they were doing something - they should drill these wells heads up (100% working interest) at a completed well cost of $1 million/well and if they are successful, GSX will dramatically increase cash flow.
        We'll see if GSX is delisted in December or not - have not had an update from the AMEX concerning this matter.
        Do I think that anyone at GSX is earning their pay check which for a few exceeds $1,000/day - NO.

 
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