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Strata Oil & Gas Inc. Message Board

  • wyattkap wyattkap Jul 8, 2013 3:52 PM Flag

    GREAT news from Baytex our neighbor in the Peace River Area

    I got a report emailed today on one of our producing neighbors:

    " In an operations update, Baytex Energy (BTE +1.6%) says it expects average Q2 production of 57.5K-58K boe/day, up 11% Q/Q and up 9% Y/Y; FY 2013 production guidance remains at 56K-58K boe/day. Q2 production from its Peace River properties is estimated at 23K bbl/day, up 22% Q/Q and 19% Y/Y."

    Their Peace River production is up 22% Quarter to Quarter and I recall MOST is from COLD-FLOW from the SAME Bluesky Formation WE HAVE ON OUR PROPERTY!!!!!!!!!! The Peace River area is developing very FAST! We are in a great position. LOAD YOUR BOATS as someday soon this is going to sail away. MY OPINION!

    Sentiment: Strong Buy

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