I will give the bashers some due. At some point soon Antares needs to show that production is indeed raising. You and I are both convinced the May and June reports will confirm what the weekly reports have been saying. We should have the May report perhaps tonight but certainly sometime next week at the latest
If correct then the share price will be heading up soon. Hoping for a nice bump and if we get it I will pull my customary 1/3rd out and let the balance ride.
That Ray well is a really nice one!!! What Bakken well is providing a 2000 bbl 30 day IP rate?? None that I am aware of and at the price to drill that is the number a bakken well would need to be equivalent
I agree that the ray well was great, however, its just one of many and several of those have been poor at best. I'm looking for a increase in P1 and P2 values for all of Antares main three areas. IMO this is what will give this a boost in SP. Starting a few good horizontal wells will also be a plus. I bought thinking this was a bottom and hopefully it goes up from here but time will tell. I'll give this a month or so and see what develops. When does the next share buy back start? 60 cents seems like a reasonable target for this stock.