Don't be "slow" to learn...Monday should be interesting and give us some clue to the squeeeez.
I noticed those posts disappear. What is that about 007?
Don Draper will die....so will the shorts.
Looks to me like we should bump this technical poster up into our expert list. High five you all.
Onward and upward.....
Sentiment: Strong Buy
Looks to me like they are progressing too slowly for gamblers taste....All good things in all good time. I want to believe the information they provide is purposely cloaked in the cryptic to keep competitive forces from undercutting the company. The pattern seems more like holding cards close to the vest rather than stupidity.
If you do not have a long time line associated with this investment, move on. Boone Pickens did...but then again his OSU life settlement investment went south and his son seems to be painting a picture that his father is a lousy father, a chump, and not that smart.
I expect there to be a decline from initial production. No surprise there. Typical in horizontal zones, but what does the production level off to? And are pumps needed?
Even if 6-700 wells taper down to 5BOPD, it is still economical in light of the fabulous economics.
mbr, if this is true, that's tremendous potential. I wonder what kind of decline curve these wells have experienced. 600-700 wells in one area alone...$1 million per well cost going forward....one month payouts.
To compare with the Bakken, they are spending an average of $11 mill in ND and payout takes 2 years.
Phenomenal economics there in Turkey due to the zones being so porous naturally.
Very early stages....Here comes sunshine?
It's hard to get excited about Selmo. Thrace is a big investment. Bulgaria has promise were it not so edgy. I hope TAT finds a jv partner or is able to access future funding mainly through production income.
"Come on boys and wager
if you have got the mind
If you got a dollar boys
lay it on the line"
we usually see a build up then a sell on the news....quite the opposite leading up to today.
Is this the beginning to a long run up?