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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Ed Ajootian who wrote (16119)12/21/2002 2:11:38 PM
From: excardog  Read Replies (1) | Respond to of 206330
 
E&P to check on over the weekend. PXP is a fresh spinout situation. They tried to do an IPO earlier this year but market wasn't there. Stock looks interesting on the surface.

Sometimes these spinouts get sold off pretty good. There might be a buying opp somewhere in the next couple weeks.

I don't have a handle on daily production or reserves. Maybe 2500 bbls a day? Might take some digging.

Scott



To: Ed Ajootian who wrote (16119)12/21/2002 10:25:03 PM
From: Sharp_End_Of_Drill  Read Replies (1) | Respond to of 206330
 
Ed, CPE sounds a bit like TMR - drill a big duster and then have to backpeddle on those reserves you booked on spec.

TMR changed their whole approach from deep expensive & risky, to shallow cheaper & less risky. What do you think CPE will do?

Sharp


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