posted
Very interesting. I just received a flyer in the mail from Petrogen.
They just installed a compressor in their gas lines, bumping up total production. In addition, there is more drilling to be done, between 3 and 6 wells before year end in the Tiller Ranch.
I believe they've cut their teeth on the Emily Hawes #3A, and they'll get better on each one.
I think that there is huge potential in this company, and I'm sorry I missed out on the big run up, but with additional gas wells coming on line, there's no where to go but up!
One thing that I don't like about the company is that they have been late with some of their filings in the past... Not that this is a big deal, but you don't want to make it a habit of being late with filings.
Anyone have any opinions on this one? Looks like a decent float with 30 million shares.