SI
SI
discoversearch

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 : Trans-Dominion
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Robert Dydo who wrote (27)10/31/1998 5:43:00 PM
From: SnakeInATuxedo  Read Replies (1) of 53
 
Yes, I hope they will address the outstanding shares with a buyback effort of some kind as soon as their financial condition permits them to do so. They hope this newly completed and tested well will produce initially at about 2000 bbls/day. The well tested at 3000 bbls/day, but I know from my own O&G experience that real-world production will be about 2/3 of that, or 2000 bbls/day. This will constitute a substantial increase in their income and should give the Company some financial flexibility in the near future, possibly as soon as early next year, depending on the speed with which the political situation is resolved.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News