Just thought I'd start a new thread. Been thinking and reading all the posts on what might be.
This is the way I look at it. If I had an asset like EOK and have just scratched the surface by drilling 10 out of a possible 600 wells. Some would be raising their eyebrows very soon. Now if I was actually classed in the "good management" category, what would I do?
I WOULD PEG AS MUCH LAND AROUND EOK AS I CAN.
Once more people are aware of the potential of EOK, they will be flocking aka the Gold Rush many years ago.
So thats my guess, much more acreage at EOK and lets hope it can hit the 50 foot shale formation.
I'll have to wait till Thursday, which is killing me atm lol, but I'm sure the management will get the thumbs up from me once I have read the announcement. They have ticked all the right boxes thus far and somehow I just feel they won't disappoint on this occasion either.
We should also get an update on the next 2 holes and some production results would be good.
RFE Price at posting:
$1.27 Sentiment: LT Buy Disclosure: Held
