LOG INTO YAHOO ,hit quotes, unstead of the white "quote box" go up and type in madalena energy in the big white "financail search" box . now lot into the canadian board of this stock and read the headlines.thankx folks
repost, also hot stocks renff= $3 ( up 48 cents since I told haloboy about it last week), mdlnf drilled 1045 boe/e on short 1442M horiz well in Alberta =51cents, amzg $2.16,useg up 7% yesterday and 70% of book,Go Mill and lets learn to spin the fortune wheel !
1054 boe/d 86% oil at ostrocod formation , paddle river, Alberta. this stock is 1.7 book value but the stats are off due to the potential shown the this excellent well. Someone is keeping a lid on it and the blogs are being eliminated and info suppressed.i will admit yahoo does not allow blogs that reference any stock form the white pages.i
also like the short 4500' horizonal well madelena energy inc. (yahoo financial search) put in that hit 1045 bbl/day 84% light crude .at paddle river in alberta. not bad for a debt free 50 cent stock.
somehow any food in an airplane , or off -track train car, taste terrible! ....but i do line those "twilight zone" aluminum diners at the side of the road
then check out madalena energy (fianacial search on yahoo) in osrtracod formation in paddle river in Alberta they drilled a very short horizontal well(4500) and had 84% oil and 1054 bblpd. good debt free 50 cents co.yahoo never lets me post anything listed on the whitesheets. Thanks mill board in general ,Saa & Pa in particular, for letting me borrow the space.
useg owned some sort of an apartment complex and now they have dumped that...just like the eqitity traded funds will do with the houses they are buying for rent income.All of that will be dumped by 2016 as they learn that property management is not the asset class they think is is.It is a high specialty trade management play.I used to play poker with a dude that managed 800 homes and he left a rental property down the street vacant for 5 months.
I usually ignore commody prices and have never been short (after age 10 ,or so). I focus on undervalued plays , which we call value plays which will preform well usuing the latest technology.Useg is about 65% of book value and using horizontal fracturing on the Buda limestone of Eagleford shale in TX.In days of old, little companies would try to drill all around the big boys and their big profitable resevours and try to get into it. With Horizontal drilling there can be multiple fractures , multiple times,in different spots ,and open into multiple resevoirs (dont want to say they are tapping into someone elses sweet spot resevoirs- but figure it out for yourself). For the last 5 years the USA has been running neck and neck with Russia and Saudi Arabia for world dominance and to be #1 (it is our culture and character).Useg ,?I bought a ton of it-I'm still in the red.Dont try to make enemies but when i see people brag about $$$ it is one of the only times i get to laugh.Remember...bonds suck ,the USA is depleating the dollar . Start dumping bonds and get into various commodies...you did ask for an opinion? Chance favors the educated guess
Loose poor-quality rock ,not economically viable to drill vertically in the 50 years is the new hot play. By drilling sideways ,hozontally, and pumping in sand we can open the wellbore and interconnect multiple resevoirs