BUL blue energy limited

gas is out oil is in.

  1. 317 Posts.
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    Well boys I posted this thread last night and got a hit from bad monkey then hot copper went mad and we lost the mornings threads so here I go again.
    The thread that I posted on the 24/6 looks better & better with passing weeks,I hope for our sakes its a positive result, could make Blue worth some think.
    All the signs from PFC 3 wells are spot on, fraccing in progress tests late Oct and by the way Owen-3 looks great for oil best of the 3.
    I'm glad managemement did'ent wast any money on Monslatt there is not enough gas there to fill a cigarette lighter, but seriously it looks like a looser and they know it, Sapphire is a great little block but the trouble is it's too small in area to stand alone.
    Let's face it we missed the boat, the door was closed behind Bow and I can't see any small independent being brought out untill Bechtel is finished and the 3 plants are up and running. I still think Shell-Arrow will not build the forth train on Curtiss Island in the foreseeable future. There is too much risk now with Gov. royalties, Japan bucking the price set up, cheap gas out of B.C. from Prince Rupert and Kitimat and if the Republicans get in it's all over red rover, Shell will ship out of the east coast through the widened Panama canal and land gas into Asia for half what we think we are going to gei for ous.
    So boys think Oil.
 
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