FDM freedom oil and gas ltd
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maverick's "piddly' wells?

  1. millertime79
    333 Posts.
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    08/06/12
    15:33
    Post #: 10284676
    going through HC and came across this...

    Granted, MAD does have 100mboe of 2P reserves but the wells are "piddly" and they need to have alot of rigs at work to get sufficient revenue to justify a higher SP.

    are the oil wells that Maverick are exploring indeed 'piddly' and poor quality,low on oil,etc or are they quality,solid wells full of hydrocarbons which will lead to high production rates

    what do you guys think..

    MT79
    FDM Price at posting: $1.07 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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