Mate This is supposed to be only a 15 million dollar company...

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2008wack

595 Posts.

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26/08/19

10:44

Post #: 40148667
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Originally posted by saltbus: ↑

I like these Monday morning announcements.
A great way to start the week.

Oh hum, 35 stage has been completed and in 24 hours start up flows will commence. Hey just a normal week, the news was not even price sensitive because that’s what you do in the oil business, sink wells, frack em and then pump oil.

So in two days we will be 40% holders of the whole of Wizard Lake when the oil flows.
And that’s not price sensitive news. It’s what you do. in Alberta.

Meanwhile back in mini me little California (often referred to as Western Australia) WBE is sitting on many Trillions of bcf of gas but due to Government regulations it is unwise to invest money trying to extract it.
Actually I sent an email off to Messina and suggested Warro is only a short drive away from West Erregulla , so what is under all that waterlogged gas strata.
The reply was something on the lines that with modern techniques and horizontal drilling with fracking it should be possible to produce the gas at Warro. But a big BUT. The regulatory regime would need to be clarified before any progress good be considered.

Meanwhile back in Alberta , did you see the photo accompanying the announcement.
Beautiful sunny weather not unlike the drought like weather we are currently recieving in the mid west around Warro.

Enjoy your week.

Saltbus

Ps. I have gotten a bit bored with West Erregulla it is taking so loonnng. I’m thinking the prospects are looking just as good or better at WBE.

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Mate This is supposed to be only a 15 million dollar company ,who cares?!Just move on to those with good pump dump Boated followers!
My screen also says this is red!!
Sell off and gooooooo! lol

Last edited by 2008wack: 26/08/19

WBE Price at posting: 0.8¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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