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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 690.64

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Feb 6 4:00 PM EST

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To: Johnny Canuck who wrote (48208)	7/3/2012 9:37:03 PM
From: Logain Ablar	Read Replies (1) of 70601

Hi JC 3 years ago I invested in BEXP and KOG. The balken wells in SD would produce 1100 bpd initially but would drop 85% in a year. The dynamics may have changed as I've been out for a while. What is great news is many old wells (and fileds) are also now being fracked and producing again. I think the supply increase right now can be traced to Saudi Arabia and Russian. Our balken production only replaces the drop from Mexico. Have a great 4th. Tim

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