LNC 0.00% 99.5¢ linc energy ltd

bullish(it), page-8

  1. 8,082 Posts.
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    AD thing that I really wanted published in the quarterly was the final rate from all wells at the end of December.
    Some of the wells at Cedar hadn't been reported to late December so I am guessing the output at the end of the month may have been over 7000 bopd plus gas
    It is very unlike them to not report that as I believe it is part of their US oil reporting.
    Perhaps with PB on an extended holiday it may have all been done in a hurry just to get the report out.

    Only guessing-am certain of one thing we will see some better writing in the near future

    If not then they need to offload Guld Coast Oil and get us some money to move UCG forward

    Naturally keep Umiat as am sure that that will be a money earner for us especially with all the discounts and returns we get from Alaskan Government-they need the oil big time otherwise the state goes broke
 
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