Chi Chi
I would expect a little more activity on this thread since Wolverine in drilling the most important well in it's history, its West Ghost River project located 40 miles west of Calgary.
Wolverine Energy will drill a horizontal leg up to 1200 meters in length
off of its existing vertical well at 2-32-26-8 W5M.
They are expected to announced the results in march sometime.
Have you heard any news on this well ?
I expected the stock to move up on anticipation but it's moving the opposite direction, so either ;
1 - some people already know the results and they are not good, so they are dumping ahead
or
2 - Stupid people are selling because of the O&G commodities declines and all the scary publicity.
This well is so close to Calgary you can practically see it from Petro Tower with a good Binocks
Any news is appreciated ?
I called the company and they didn't say anything, didn't want to talk about anything, it didn't give me the warm and fuzzy, the last time I had a similar phone call was with Pan East when it was trading around 3.75 and it was downhill from there.
Speaking about Pan East, I just loaded up at 1.30, lots of insider buying going on here, CEO and CFO are buying big time, and including options they stand to make a mint if Pan East can hit a couple of big ones.
Any news from Calgary, have you heard of TriGas, I loaded up here as well, good foothill play, expect good natgas production increases in 98.
Also what about Conquest, lots of insider buying here as well, dido on loading up here, expect a very good 98.
Cheers and good investing
p.s. When are you guys at ESP going to feature Draig (ASE-DRG), they are going to drill 30 gas wells this year (5 already hit), at Brent and Hanna, this stock should do well also.
Any truth to the rumors that Husky is buying Numac Energy and Talisman is buying Ranger. |
