Where is the excitement for the latest press release? When the "Big Boys" start adding the kit to their trucks.
Everyone else will have to add or be left in the dust!
Maybe the company should market the mine property to an environmentalist billionaire who would want to stop the development.
Yes, it does! With the drop of oil prices it makes the investment payback longer but it still has a good ROI. In the future, it can be moved to another truck with a lot less cost thus very quick payback.
This program should certainly increase sales in the state of Texas. Programs like this , should really start the conversion market to expand rapidly across the country.
All it takes is for one trucking firm to see the advantage his competitor has before he will have to join them or lose out.
For the person or persons pushing this stock below 2. What other productive plans do you have for the future?
The price of oil has hurt the IRR of this company. But, what investor's might not realize that the Slickwater Stimulation the company has just started using is increasing BOEPD substantially The average Bakken(Long) 30 days average was 247 BOEPD. The Eli 8-1E produced 398 BOEPD average in the first 25 days. Although there is a higher cost, this method seems to have a very quick payback.
Lucky, the company's drilling program is in its early stages which means there is alot of Slickwater Stimulation wells to be drilled.
I don't understand that management claims that they have over 1 Billion dollars in potential assets yet only spend 30 million a year to develop them. Interest in eating them alive.
On Sept. 30, Magnum Hunter Resources (MHR:NYSE) sold sold their interest in 34,600 gross (2,852 net) in Divide County, ND for $23.1 million. This figures to value each net acre around $8,000.
Using those numbers, AMZG is worth almost $9.00 per share. Where did it close today?