No wonder EEG shares began to rise again today, with this announcement coming out late today.
With 2 successfully logged oil wells in Kansas ...and another one completed and awaiting log information ...and yet a 4th oil well currently being drilled, in highly productive oil territory, things are looking good.
Now they, will top up EEG cash reserves and drill a programme of 15 new oil wells in Kansas and North Dakota ...which promises to be a lively northern Summer and Autumn drilling season ...with more black gold for EEG coffers.
Each day there seems to be more big players like Exxon and BHP and Shell showing a significant interest in Shale gas in the USA.
So, EEG is looking prettier by the day, with its 400,000+ acres of highly prospective Marcellus and Utica land, with a rising price tag of $2,000+ per acre.
Should be another good week next week.
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Ann: Drilling Update , page-2
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28.0¢ |
Change
-0.010(3.45%) |
Mkt cap ! $289.8M |
Open | High | Low | Value | Volume |
29.0¢ | 29.0¢ | 28.0¢ | $14.39K | 49.82K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 5389 | 28.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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29.0¢ | 258195 | 4 |
View Market Depth
No. | Vol. | Price($) |
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1 | 7089 | 0.280 |
1 | 7000 | 0.275 |
3 | 71097 | 0.270 |
1 | 6948 | 0.265 |
2 | 64257 | 0.260 |
Price($) | Vol. | No. |
---|---|---|
0.290 | 250183 | 3 |
0.295 | 334625 | 4 |
0.300 | 278216 | 6 |
0.310 | 100000 | 1 |
0.320 | 55000 | 1 |
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