go and read the press release from MQL.v or skwef.pk $1.20 --May 23, 2012 evening- 1Q 2012 earnings--around 50 million shares vs 275 million ( sdcjf.pk- might be off some because i have not been paying attention) current production 2800 vs 1500-- 11 mmboe p1+p2 @ $20/boe or $220 million vs- read the press and you will get the picture- around $60 million market cap with reserves of $220 million- sdcjf.pk much more expensive and not as compelling! just my humble opinion.
Is this the same Marquee Energy that has 25 million in debt and operates at a loss and has share price almost 3 times that of sdcjf. Looks like they are at around 1800 boepd that I can find with a big percentage of that in gas? Whats the great value here? I do see the low number of outstanding shares but other than that it looks very average and already priced near its high.
go and read the mql.v press release just dated evening of 23rd may- and go to website and presentation for information so you can understand the story! this company acquired skywest on a 8 to 1- stock was around $1.16 then ran to $2.60 dropped back to $1.00 and now the press with the production of 2800 with stated 45 million shares outstanding. not interested in hyping the stock and you don't like it move on! An interesting comparison with sdcjf.pk - when i got involve with sdcjf.pk there was around 200 million shares not i'll bet over 275 million - correct me if i am wrong!