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: Bobby Yellin who wrote (244)	9/30/1996 8:00:00 PM
From: Oil man	of 24925

I heard Abacan has two major oil fields: 1) the Ngo field, which is about to go into production in November and 2) the 309 field which is currently being explored. I have heard that the Ngo field has about 200-400 million barrels of oil and that the 309 field potentially has more, about 400-600 million barrels, but that further testing is needed to confirm. If the stock is trading at around 7 now (today it closed at 6-7/8), what will it be trading at if this 309 field is for real?! Any thoughts?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next