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US Energy Corp. Message Board

  • margin321 margin321 Sep 27, 2013 8:43 AM Flag

    Buda wells

    I think the buda 2 is completed. Must be if the Buda 3 was spud on 9-17. It will be interesting to get results on buda 2. It will be interesting to see how many days it takes to drill buda 3. Same rig, same formation, they should get pretty good at drilling cookie cutter wells one after another. Based on other operators, they should get it down to 3 weeks (no fracs remember). Hoping buda 2 was an anomaly with technical problems and long drilling time.

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    • Pretty sure they will wait for 30 day data. That would put mid-October as the earliest for more Buda news.

      Looks like we may get a government funding/debt increase sell off between now and then. If so it may be the last chance to grab cheap shares.

 
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