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Message: Re: Fracking

Mar 30, 2011 03:03PM
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Apr 11, 2011 02:47PM
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Apr 11, 2011 03:17PM

Its moving forward I know, but a year without substantial new that are regarded as postitive in the market is a bit much. I hope the company keep buying new land in India or NA or Europe. QEC will eventually be bought by one of the big players if they prove one of the plays commercial. A buyout 5x todays SP is easy to imagine taken togethet all the land and potential future land position. However, I hope sooner than later that the company going from being a speculative buy to a more developed company. No time to move slow I think.

Best scenario would be two super-performing wells this summer that causes the government to react and understand!


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