Canadian Oil & Gas Companies 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 : Canadian Oil & Gas Companies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kerm Yerman who wrote (4151)	11/17/1997 10:24:00 PM
From: Stocker	Read Replies (1) of 24916

Kerm / Upton Resources Just when I thought I had it figured out, a new twist. With the swap of the deep play, in my view it's hard to say whether they've made the right move. The $25 million is a lot of money and management couldn't have had too much faith in terms of their ability to drill the area. Now they'll be able to focus more on the mainstay. Still, the market really didn't like the deal. Maybe it was the blurb about 4900bpd with 5100bpd expected by yearend. The last release was much more upbeat. I think results and price upside could take longer to pan out now, given the drop in confidence. What do you think Kerm??

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next