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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 (89230)8/14/2007 8:35:32 AM
From: CommanderCricket  Read Replies (1) | Respond to of 206338
 
Ed,

"Well is drilling in structurally superior position to confirm the oil discovery in the initial well, and delineate the natural gas reserves than the disappointing 16-X re-completion."

Don't understand why the 16-X was disappointing for Subash? 20 mmcf/day is still a huge well. The first two wells on Corvina are already up to 80 mmcf/day (21-XD and 16-X). Plus the 5,900 bbls/day of light oil for 21-XD.

A $300 million company (market cap) with 19.3k BOE/day behind the pipe reminds me of ATPG and their Gomez wells during the early days of the company. I regretted not jumping on that opportunity and won't let this one get by.

Michael



To: Ed Ajootian who wrote (89230)8/14/2007 10:31:24 PM
From: Fiscally Conservative  Read Replies (4) | Respond to of 206338
 
Ed,BPZ Energy(BZP),and the hits keep right on coming. My bullishness for this co. ended when she cross the 50 dma and after failing on the 200dma I decided to throw in the towel.
I wonder just how many are still holding this one?
Will she come back to life somewhere down the road? My guess would be after really good news is released or when this market decides to stand up to that massive Bear.