This basin claimed Encana and Royal Dutch previously but I thought the massive gas formation in the Roslyn tight sands were at 14000 feet. I see they went down to 12280 feet.
I have to get back on this but its obviously a disappointment.
Probably why everyone always wants a partner to drill here.
The news was a disappointment. But they raised $240 million in the stock offering, they got $60 million back from the Fed's, and the IRS still owes them $90 million which is on appeal.
But that wasn't my bet. I thought they would of had good gas results.
15 comments:
What just happened to DPTR?
DPTR bad gas results...
Palmoni - any advice?
This basin claimed Encana and Royal Dutch previously but I thought the massive gas formation in the Roslyn tight sands were at 14000 feet. I see they went down to 12280 feet.
I have to get back on this but its obviously a disappointment.
Probably why everyone always wants a partner to drill here.
I'm going to hold it until I get more information
Palmoni, please let us know when you sell or get more info. Thanks
btw...thanks for getting back to me about dptr...thanks for your touts...although this one didn't go as plan we all take the risk in buying.
i decided to let it go and put the money in GCI hoping to recoupe some losses.
keep up the great blog!
The news was a disappointment. But they raised $240 million in the stock offering, they got $60 million back from the Fed's, and the IRS still owes them $90 million which is on appeal.
But that wasn't my bet. I thought they would of had good gas results.
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