This is my view, read in to it what you like.
ARQ is great play in the onshore Oz oil market. CB I hope will be successful for ARQ and then the share price is 3 bucks plus. Valentine 1 hopefully will be a commercial well, you do not drill test wells you want a payback.
If you look at all of ARQ investment outside OZ, they been dogs, Yemen waste of management time and money, so far. I believe OSH wants out.
The investment in to ADI look suss, no return and tight field gas, what did Eric S think he could bring to the GOM table expect cash not better knowledge that established GOM operators.
One of the key components to my investment of my hard earned money is never never never ever buy anything from a Yank. If a chap from the USA is selling something outside the USA it means that no one in the USA will buy it. If they do not want to buy it nor should you.
The latest example is the sub-prime mess!!!
This is my view, read in to it what you like.ARQ is great play...
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $45.32M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.3¢ | 14.5¢ | $8.489K | 56.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 795255 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 112274 | 3 |
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