Epic EAS.v (formerly Epic ERB.v and Safari SIR.v) 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 : Epic EAS.v (formerly Epic ERB.v and Safari SIR.v)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Vince Moretto who wrote (3323)	7/22/2001 1:37:29 AM
From: JR.	Read Replies (1) of 3335

It certainly doesn't seem like much but it's apparently the best offer these guys have been able to get for the data they still hold and for what's left of the leases they still retain. It was beginning to look like Epic would never get another chance to drill a production well. They now have a chance to put together several sections of land and drill some production wells. My guess is that any wells drilled would target conventional production which even at modest rates of production and current prices would result in decent cash flow. All it would take is a few days of drilling to reach target depth. Finally, those of us that took a huge loss to this point might see Epic turn it's fortunes around. Better late than never! Cheers, JR.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next