re: Ann: ACQUISITION OF HAWKLEY OIL AND GAS L... Young Trader i am keenly watching this as the general market may have missed this but some astute buyers last friday would have read in the Hawkley acquisition report 18th Feb the following on page 6,
"Well # 201 currently drilling (as of the 9 February, 2010 at 2,700m) in block # 110 (TD 4,200m) is estimated to recover 57% of the remaining recoverable reserves of the block. A second well would recover an additional 18%. The Well #201 is expected to produce 13.6 bcf of gas and 400 mbbls of condensate."
Looking forward to an update on this shouldn't be too far away. Sounds like it could be a company maker if successful. The speculation alone could send this skyward once the market catches on.
Nice work in spotting this company.
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