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Royale Energy Inc. Message Board

scoutaboutt 3 posts  |  Last Activity: Feb 17, 2014 8:20 AM Member since: May 17, 2008
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  • Reply to

    4 Stocks Profiting From The Buda Oil Sweet Spot

    by scoutaboutt Feb 15, 2014 8:02 AM
    scoutaboutt scoutaboutt Feb 17, 2014 8:20 AM Flag

    To me Wall Street will reward the companies that are actually drilling right now in the Buda. Until XCO actually drills a well and announces its results I don't see them getting a lot of upward traction in their stock price from the Buda. MCF and USEG are they way to play the Buda now. XCO and MTDR when they drill.

    Now, much higher than anticipated natural gas prices could create huge upside for XCO in the near term. I understand they were only half hedged for 2014.

  • Matador is one of the 4 stocks in the article. Google "4 Stocks Profiting From The Buda Oil Sweet Spot" or go to the USEG or MCF Yahoo boards where the article appears.

    When is MTDR going to spud their Buda test well?

  • Go Google the article "4 Stocks Profiting From The Buda Oil Sweet Spot" or go to the MCF board or the USEG board on Yahoo where the article appears. XCO is one of the 4 stocks mentioned. The article indicates the PV-10 value in the Buda Sweet Spot is $100,000 per net acre. You have to go to the links and do the math yourself.

    Does anyone have an idea of how many acres in the Buda XCO might have? Does anyone know what their Farm-Out rights are with Chesapeake?

ROYL
2.83+0.03(+1.07%)Apr 17 3:59 PMEDT

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