rich-- had not seen the monthly production breakout, only a cumul. figure. Was searching for days on production (completion date actually). Not really needed now, thanks. Completion report is always nice, not indicative of well's EUR though, especially with the Budda, unless low flow.
Do you have a completion gage? I saw a CP figure and a May? spud date. Say 45 days to drill and complete. Something like 27000 bbl oil. Looks like over 1000BOPD? Could that be right?
BUT down 8.3% today, profit taking, following the 17.6% rise.
zmoon I would pick a level to exit after letting it ride for awhile and be happy with the quick profit. Experience talking.
dn---On AXAS website, then go to investor relations, then sec filings and you will see the July presentation, an update to the June operational slides, same but with a month's progress. No new 30 day volumes or the such---that saved for the 6th.
Stock, would you be willing to back up your 'run by some of the best oil men in Dallas' claim with just a few facts? Like past record, etc.
When your new investment gets real enuf to have it's own message board, please refrain from trying to justify your mistake on the AXAS site! Good bye in advance itch, bye bye.
There is a good reason. Maybe if you could spell/ write/ and read? you would realize you are touting the wrong co.
That the Pundits see an opportunity for Profit---a stock that has a fair chance for volatility, having appreciably appreciated this year.
Yes, and in the 5.61-5.43 range? We could see 5.03 and will and then some when ever THE Correction decides the time is ripe. Question is will Q2 EA come first??? Most likely. August-Sept a swell time to swoon.
Gasp, you are just grappling with the mechanics of the Shale oil Revolution? Watch out then.
That is the 'Treadmill', and when the cost of money rises headwinds will strengthen. Market complexities are always changing, ebbing and flowing.
In the monetary policy report accompanying her Congressional testimony, Yellen said, "equity valuations of smaller firms as well as social media and biotechnology firms appear to be stretched."
The Russell 2000 small-cap index lost 1.1 per cent and the Global X Social Media ETF dropped 1.9 per cent. Facebook shares lost 2 per cent to $66.55.
"She signaled in her comments about extreme valuations in biotech and social media. And that seems to be an addendum to her text," said F ..
Not exactly small oil E&P cos! We are dropping with the Dow and crude,
the convergence of trends are powering AXAS lower.
Crude Oil below $101--lowest in 2 months--psychologically this added to downward end-of-week pressure.
SAN FRANCISCO (MarketWatch) -- Oil futures settled below $101 a barrel on Friday, with prices for the U.S. benchmark down a fourth straight week to settle at their lowest in two months. "Violence in Iraq continues but with no threat to oil production, while optimism around returning Libyan flows abounds," said Matt Smith, a commodity analyst at Schneider Electric. August crude CLQ4 -2.24% fell $2.10, or 2%, for the session to settle at $100.83 a barrel on the New York Mercantile Exchange. Prices fell 3.1% for the week and haven't closed at a level this low since May 12, based on the most-active contracts
Cal I see that still a 660' spacing within the same formation, unless there is communication which is not considered likely.