Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: Amark$p who wrote (156431)	9/3/2011 11:48:03 AM
From: Ed Ajootian	Read Replies (4) \| Respond to of 206093

amarksp, NiMin Energy (NNN.TO) -- I believe the Wyoming production will stabilize well before '13, the key there will be the waterflood they are doing at Ferguson Ranch. If memory serves they said it should take 6-12 months to see a production response from that waterflood and I believe that will go a long way toward stabilizing production in that field. They now have a lot of holes over there so there is a lot of oil for the water to move once it gets in place. I believe Willow Draw has recently overtaken Ferguson Ranch as being their most prolific field in WY but once the waterflood starts getting a production response I believe Ferguson Ranch will reclaim the top spot for production. Also I believe its a mistake to focus too much on Wyoming vs. CA since, even with this latest CA well coming in light, the economics are so much better over there that it would be absolutely stunning if NiMin continued to allocate so little of its cap ex over to CA vs. WY in the coming years. They are getting something like 40% more for their CA oil vs. their WY oil, that is a huge difference.