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Care to share why you would want to short a company that has one of the biggest financial institutions and the biggest oil investor behind it?
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"The primary objective for Boone and Andrew was to better understand China's energy situation and evaluate the opportunity for investing in Chinese NGV fueling infrastructure."
No deals have been struck yet, however, may explain his interest in taking a 10% stake in interoil.
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just to let you guys know...NEON is about to start trading any minute now...the SBEI merger was finalized and has new symbol NEON...
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i think the moral of this ride is patience pays off!
TimW better set a sell point and be happy with it man! i really dont want **** to happen and you'll have to sit and wait another 2-3 months (or whatever) for it to recover again!
Drilled 6 1/8 hole to 10,919 feet (3,328 meters) Gas to Surface confirmed (2,507 feet gas column), before drilling over 1,988 feet of more reservoir with gas, increasing gas column to over 4,452 feet Final build up pressure was 3,332 psi at gauges Preliminary results from Focal Pressure was still building after the 12 hour shut in P* at 7,773 feet (2,369 meters) = 3,853psi - next slide* Skin is negative indicating limited formation damage Limited flow to protect well bore integrity Flow from fractures confirmed Multiple oil shows throughout a column of 594 feet (181 meters) (fluorescence, free oil in mud, and oil recovered in the core Multiple drilling breaks, in conjunction with losses, and hydrocarbon shows indicate porosity and permeability throughout the reservoir section drilled. Multiple gas zones, with continuous presence of gas in the mud logs. The target reservoirs (Puri and Mendi limestone) are significantly thicker ( 200%) than pre-drill estimates Running logs, sidewall cores, check shot and testing
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I'm so mad at myself, saw this sitting at 34 late thursday and thought I'd buy some friday. I forgot and now look at it. Maybe it'll wander down a few bucks again so i can get back in for the run to 40.
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