Good presentation available as a PDF here 110929mxpagmpresentationfinal MXP are firmly on track and the main event has yet to get underway – the deep EMBA-B drill is set to spud in October.
2011 September
MXP reveal successful flow tests on ASK-1
More good news from MXP. ASK-1 test flows are above expectations and places MXP ahead of their quarter forecast for increased production to 3600+bopd. ASK-2 is currently drilling and is 17 days into the drill which thesharehub estimates at approx a 30 to 40 day drill in total. If ASK-2 is successful and proves up …
Caza Oil & Gas share price fall very harsh says chairman McGoldrick
Quite a candid interview from Caza’s Chairman JM. The market does appear to be unfairly punishing the share price, but then that’s the trend across many smallcaps on AIM. But Caza is very different from most and that’s where the head scratching begins. Here’s a company with proven assets, cash flow from production in a …
Caza Oil & Gas – Operational Update
A mixed bag from Caza today. Whilst the headline number of an 88% increase is not to be sniffed at – it offsets the lower than expected numbers on Bongo prospects. Both OB1 and OB2 are struggling to deliver commercial quantities of oil/gas. On the positive side - San Jacinto Property prospects are well above expectations …
Buffett Buyback Shows S&P 500 May Be Bargain – Bloomberg
Buffett was buying Equities in October 2008 just a couple of months after the Lehmans collapse and the biggest falls in the stock market in years. Some said he should have waited until Jan or Feb 2009 – most were hindsight traders. A few months later – and Buffett was in profit and a few …
Heads up – Ascent ascending
A decent move today by Ascent Resources based on healthy volume. Frac results performed by Haliburton are expected soon and the sp has fallen along with many other small commodity players. So perhaps a bit of bottom fishing combined with the chances of very good imminent news driving the sp today? Previous note on AST …