still just waiting .. think we should have a company maker or a fizzer this week ..
this is the week! lots of activity...
Can you please be a little more specific? Why is this week "the week" and what is particularly interesting about the "lots of activity" you mention?
Next week is technically when its all supposed to happen, though there is some speculation it will happen earlier
For those with any interest ..
QPN which is involved in the drilling of Marian Baker #1 well an onshore gas prospect in Louisiana is now at 11,350 feet. The target is 14,000 to 16,000 .. Fingers crossed at 14,000 feet they start seeing gas and hydrocarbons .. One would expect this target to be reached late this week..
Havent really been following this one, my small spec is Baraka Petroleum. What can we expect from QPN`s share price with relatively positive news??
The Amazon prospect is estimated to be capable of holding 30 mmbbls of oil/
condensate plus 300 Bcf of gas at the P50 level, if hydrocarbons are present. Strachan
Corporate estimates that discovery at this level would be worth 10.6 cents per share on
fully diluted equity to Quest for its 15% working interest, while Transerv would see a 6
cent per share value uplift for its retained 5% and Tango Petroleum would also have
strong leverage of $1.20 per share for its 17.5% in the project.
Still no announcements... is this a pipe dream?
Still no announcements... is this a pipe dream?
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