if frac succeeds shareprice will rocket, page-8

The Alchemist and nucular

your very very likely to be in different rock north of the reef..

re petrohawk, yes they are getting good wells in, and not discussing the failures, but mainly they are in the zone..
and hyping it up big time..

stop looking at the petorhawk experience and start looking at dan hughes and eog,, they are spending big capital trying to solve the rock your in, mixed results..

this is very obvious, at least to me, and it should be to azz,, but so far not mentioned.. why they dont bemuses me..

it has been clearly demonstrated by the presentations by petrohawk recently and pioneer yesterday, they are explaining it far better.. azz is not doing you any justice by talking about their successes.. they should also mention the eog and dan hughes experiences imho, balance!!

azz will in all likelihood have oil wells, lower gas and high condensate, possibly not as overpressurised.. when your getting 60 foot flares then you have the gas condensate like petrohawk, conoco and adi have.. and whether they will flow at commercial rates is not known. sure petrohawk have indicated to people i know who went to their more recent presentations that the region north of the reef is of interest, but until some amazing wells start flowing in that belt then things will be quieter there, dan hughes put a nice one in a few miles north of the adi kowalik well, in the karnes trough.. eog is drilling a lot of wells but has yet to come public with what they have, i hear from locals in karnes county some of their earlier wells were not at all good, i cant confirm it other than to point to the rrc data and say it looks pretty bad on some of their completions.. and eog are not exactly a minnow..

can azz afford many attempts? work it out..

look at the slide in my next post.. try to understand the eagleford in in 3 bands.. we all know that,, all operators do.. i think comparing acreages south of the reef may be misleading myself. try to be a little bit more objective and keep the expectations in check, we all want these small caps to go well, this is a genuine play, it may take many wells for azz to get the oil out, it may need lift.. who knows, but study what the others, the more experienced are announcing..

its going to be an interesting completion imho

nunclear.. hayes is the name of the well you need to find.. very close to you and on the reef, drilled in 2008.. by ex conoco and pioneer guys , pretty switched on group of oil men.. i like their style,, a lot is know about the reef already

just dont crucify me for posting this please.. if you want clarity i can help,, and i am not trying to say i am 100% right, but what i know others are saying in presentations for months and months is not being repeated by azz,, its a concern..

the market has factored in about a 10% success rate for adi, yet i think that alone is way below the odds,, imho azz has factored in a far higher ratio..

real early days.. speculators will get jittery imho.. no one wants the volatility in these small caps to scare investors off, but imho there a recipe for disaster when your putting out hyped up announcements day in day out. there is not a reputable geologist director in any of these small caps willing to follow the gdn-azz line of announcing imho..

be cautious what people want to tell you, and always check it out.. do research yourself and get the answers..

i hope this first well gets some serious success..

all imho and dyor