who buys and pays for the wells being dug?
I'm guessing the earning will precede his visit
that will give him something to discuss
ok, why can't you sell too?
A good post by GH5 worth reposting
Woodrush gathering lines and processing facilities are going to be a boon for this field. My research indicates exponential profits from efficiencies moving in our favour with added income from other leases being discussed.
Same constructive company progress to be said about Koko. NG will undoubtedly go up this winter so field work is key at this juncture. Not sure why CEO has announced his field visit to Koko in a few weeks. Any guess from drilling savvy board members on what might be upcoming at this phase of development?? My speculation is we might get an early 3rd quarter release combined with site specific geology analysis pointing towards a boon south of the 49th for us as well.
I had a good talk with CEO last week sensing guarded and limited comments compared to past conversations. This roller coaster has to be killing some of you. For me, I bought a large chunk of the lows last week as this company has been righted by the NYSE, a good JV partner, the bank, and favourable long-term growth in this industry. All the best to the longs. GH5
a penny? you could not say that 3 hours ago
besides anyone who wants to can talk about it being a dollar because that's where it is going
geez friend, take a chill pill
there is no reason why we can't hit a buck on
We were up 15% today on over 1million shares
No one is grasping the true picture here
27 cents is a joke
-8 wells drilled by the end of November
-an over 200 well program well on the way
-and this is JUST at kokopelli; RC, NR and WR are not even on the table yet
-this will be a multi-year run talked about the same way we talk about KOG nowadays
US Oil Boom - This Colorado Shale is The Next Big Thing
LONDON, October 22, 2014 /PRNewswire/ --
One of North America's older, more mature plays, the Rocky Mountain's Piceance Basin doesn't get the same media attention as the newcomers, but there is a flurry of game-changing drilling that will render this liquids-rich haven a major rival.
What has really got everyone's attention is the potential for high-value oil liquids coming from the Niobrara and Mancos shales located in the Piceance Basin.
There is an estimated 300 trillion cubic feet of natural gas resource in Colorado's Piceance Basin, with producers thus far reporting an estimated 20% liquids recovery.
In the eastern portion of the Basin, there is one player nicely positioned for big gains and that is Dejour Energy Inc. (NYSE MKT: DEJ / TSX: DEJ). Dejour feels that it has found a winner with its Kokopelli Field.
Kokopelli is the current highlight of Dejour's portfolio, with its 25% working interest in 2,200 acres in this gas- and liquids-prone property, where production is returning 25% NGLs on a BOE basis. Kokopelli currently has 11.5 million barrels of proved and probable oil reserves along with 250 BCF natural gas worth $260mm. And that's before we factor the game-changing potential available this December from the Mancos/Niobrara drill logs.
There is evidence for Dejour's optimism. Two major producers - Bill Barrett Corporation and WPX Energy directly border Dejour's holdings, further raising the prospects for that acreage. Barrett's assets were just purchased by the giant Vanguard Natural Resources LLC for over $1 billion. WPX Energy is the largest Williams Fork developer and most successful Mancos explorer to date. Kokopelli is sandwiched right between these two success stories.
Dejour already has four Williams Fork wells producing liquids-rich natural gas at Kokopelli with an impressive 50 barrels / mmcf gas since 2013. The current $16 million drilling program promises anothe
Brace yourself, the price is starting to run away and so the bashers are coming
I hope they realize it is too late
probably not the first time he has visited but this us the first time it is being announced
Also, what so special about a ceo visiting 1 of a mere 5 properties/sites, that it must be announced or that he would want that info released? this could be an announcement in the making. what if they drilled the Mancos already or have decided to move up its drilling?