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11.1% 7.0¢ burley minerals ltd

Ann: Sale of Austin Chalk wells and acreage , page-4

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  1. Riglife
    3,470 Posts.
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    24/03/10
    20:12
    Post #: 6493367
    I believe they did a good thing by getting rid of the Austin chalk acreage as it was costing them a lot in admin and really not earning them alot in revenue. Just 1 of their next 4 Wilcox wells has the potential to earn them 10 times what the 5 Chalk wells were.

    Remembering the first Wilcox well spuds within the next week!
    BUR Price at posting: 6.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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