SI
SI
discoversearch

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.
Microcap & Penny Stocks : Kismet Energy (KISS) is taking off on PennyStock Picks!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Postman who wrote (107)9/27/1999 9:30:00 PM
From: RSkarsten  Read Replies (1) of 138
 
I believe that it takes three producing wells to "prove" a field. That means two more hits in OK will be necessary. They will probably spend a little more and go with a larger diameter hole, the end result being a more productive well.

That's one of the catch 22's in this business... having enough to finance operations to bring in the "big" one before the money runs out, hence PR.

I'm confident. They have not as yet done anything that I know of that would infect shareholder confidence. If they bring on a decent story they should be able to generate a decent enough stock price to warrant sufficient financing.

Let's start drilling!

Russ
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News