weekend stt lounge 13 - 15th apr, page-29

  1. 274 Posts.
    FA for next 2-8 weeks ...AKK . TA could be a pump also .

    Maybe been mentioned previous weeks but annoucement is drawing near . Austin’s first Eagle Ford well, Krueger #1, exceeds pre-drill expectations, flowing at 95 BOEPD on a 24 hour test. High oil content (approximately 75% oil) in the productive oil window of the Eagle Ford . Taylor Sand to be tested in April . Infrastructure being prepared at site for long term flow testing with production to commence in April . Potential for significant uplift in production from horizontal drilling and multi-stage fracture stimulation. 2 new vertical wells and 1 horizontal well to be drilled at Austin’s Eagle Ford Shale Project over coming months. Richard Cottee recent appt added some extra cred to the already top notch management team.
    Recently completed CR at 2.9c sitting at 2.8c strong support.

    TA....

    Its ripe for a run but I'll leave the TA to the people who do this for a living . I'm seeing mid to high 3"s with positive ann as I dont believe its factored in yet.

    Again apologies if someone has identified this one recently
 
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