It is quite possible for acreage prices to be below that value and is totally dependant on the experience of the Black Messa team to identify and act on these early, so far they have proven to be a quality asset.
Going into our buy low sell high mantra we will be hoping that this is the case where we pick up acreage in areas at a low average. Below I have attached a link to some recent acreage for sale or sold.
Searching across the web there is wild fluctuations in the acreage lease values and mostly those most valuable are in areas where drilling, completion and production are occurring nearby.
More than probable that Brookside via Black Messa have identified this new SWISH area and collected acreage at a very low value, prove the area and begin operations and very soon the acreage valuations will be in greater multiples
Btw SWISH is very difficult to find any information from any other companies so could well become the next big oil and gas fairway particulary those thick Woodford shakes
http://www.mineralhub.com/mineral-listings/
Buy low sell high onwards and upwards
Keep well Cheers Paul
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It is quite possible for acreage prices to be below that value...
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Last
44.3¢ |
Change
0.003(0.57%) |
Mkt cap ! $42.24M |
Open | High | Low | Value | Volume |
45.0¢ | 45.0¢ | 44.0¢ | $42.19K | 94.99K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 43.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.5¢ | 47891 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 0.435 |
3 | 30055 | 0.430 |
1 | 25000 | 0.425 |
2 | 22378 | 0.420 |
1 | 4000 | 0.415 |
Price($) | Vol. | No. |
---|---|---|
0.445 | 47891 | 6 |
0.450 | 80000 | 1 |
0.455 | 2000 | 1 |
0.460 | 4000 | 1 |
0.470 | 10000 | 1 |
Last trade - 15.59pm 06/11/2024 (20 minute delay) ? |
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