PV1 11.1% 2.0¢ provaris energy ltd

Ann: TTE Second Drilling Success At Allen Dome, page-26

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  1. tui
    6,125 Posts.
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    Don't get too excited. Some of these early salt dome flows seem to disappear quite quickly. Against that, if you get on to a good one they can be steady.,,,,and sometimes prolific.

    We need confirmation of stable oil flows. Just wait a while until the results come in. Brad sent me a couple of photos of Texas. The place is under water, yet they struggle on. I can feel his energy. Very confident.

    I got fooled the first time. High oil flows just disappeared. That's why I say wait until they have sustainable production before investing.

    DYOR. They have a good team on board. And that is pretty special considering the oil doom in Texas.
 
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