Oil & Gas Price Economics Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Oil & Gas Price Economics

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ed Ajootian who wrote (166)	11/22/1999 7:37:00 PM
From: Rod Copeland	Read Replies (1) of 350

Ed, Thanks for the article and comments. Our posted price should go to $24.25/bbl today. I am still putting wells back into production that I shut in over a year ago. It is a slow process, and its hard to find the contractors to do the necessary work. I am gradually getting back on my feet, and am hoping the price will stay up in this range for awhile, as it will speed up the healing process. I know it has gone up too high, too fast, so I am looking for a correction. I do believe long term looks very good for us, though. Cold winter or not.... OPEC has learned a huge lesson and it won't be forgotten. I am amazed it took them this long to figure it out. I will be starting on a new prospect next month with some of my same investors that participated in the last well. We should be producing on a regular basis in the next ten days. Keep Smilin', Rod.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next