Hi teevee,
Yes, I am EXTREMELY confident (MUCH, MUCH, MUCH MORE CONFIDENT than I was back in Mar/98 when I told this thread that the nearby Esso well was a huge Mississippian discovery that would ring the cash register).
Teevee, I've never before seen a bit drill through a carbonate at 12,000 feet as fast as this sucker did !! And, it's thick, too !!
I do not know what you know so how can I know if I know something that you don't know (if you get my drift)? But, I will not avoid your question. I DO KNOW that BEA/STF have a MAJOR DEVONIAN DISCOVERY here. If you want to get a feel for same, I suggest you take a drive out that way when the test get's underway.
The "tape" usually foreshadows results (its hard to keep a secret in the oil patch). I don't see huge buying coming in yet.
Perhaps the "BEA tape" foresaw this back on Sept 9, 10 and 11 ! Come on teevee, how much cash do you think my friends and I are sitting on ? Really !! <ggg>
Yep, it really is damn tough to keep a secret in the patch ! <ggggggg>
I didn't see huge buying coming in ANYWHERE today !! And, I haven't seen much buying in ANY junior oil/gas stocks in the last while. But, perhaps that makes this situation an opportunity. Who knows ?
Good luck.
Later, grayhairs |