Hi Robert,
You probably know by now what the news is, but if not, what the market seems to be so interested in right now is the Arkansas El Grande Re-Entry well. HEG has logged it with modern logging tools, and from all info released, the well looks very, very good. I also like HEG for it's Oklahoma properties. In my humble opinion, things are just getting started, plenty of upside left even after the last run.
If you go over some of the older press releases (Canada Newswire), an independent firm
I believe attributed possible reserves of 1 Trillion Cubic Feet of natural gas to the El Grande Prospect. If the re-entry well comes in as the company anticipates, look out !
Regards,
Steve |
