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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: ogi who wrote (107647)3/10/2008 1:12:04 PM
From: 3bar  Read Replies (2) | Respond to of 314079
 
ogi : Re : AZA.v right here it looks like the raggedy assed 9s are running the show .

Very slow with news . About 108 mill fully diluted . However turn the page and the picture improves .

Drilled four wells low risk , 4 pay zones in 3 , 3 in one . To comingle and test each takes time . Heavier oil found in one well ( close to a large pool of heavy oil ) needed to be fractured to increase flow .

These were intended to provide working capital . Once we get by this first hurdle things should go more quickly .

If this is a ditch ie. stumble and not a hurdle then 10 -15 is around the corner . Otherwise it is .50 to stock price for every thousand bopd they find .

At this point my eyes are closed and the wake me in a year sign is on the door .

jack