Brett writes: "ESG is having alot of problems with water in the wells, the dewatering process has taken alot longer than they expected plus there wells are very low pressure. I know that BOW'S field is a far better prospect and better positioned". MM. This is exc news. Clearly our CSG prospects are far better than ESG.... and superior to many others. It appears BOW's deposits are most similar to AOE's (now Shell). Everyone in the industry knows how productive the AOE wells have been, and continue to be. Hence, i expect BOW's CSG tenements will command a substantial premium.
BOW Price at posting:
$1.09 Sentiment: LT Buy Disclosure: Held
