|
I am expecting earnings to be released next week as they were released on November 10th last year. The improved price of oil should add to Vaalco cash balance. Obviously the real important issue will be whether our stellar management team provides firm guidance on the drilling of South East Etame and whether they have secured the services of a rig and can provide a date when the well will be spud. It appears that Pride Cabinda is tied up so hopefully another Rig can be put into service quickly. Vaalco has to tell our partners its time to either agree to the drilling plan or to sell their interest in these blocks. A growth oil stock needs new reserves not promises of future potential down the road. They need to put that cash to work before our daily production falls under 20,000 barrels a day or find a buyer for the company if they can not grow this company. Three plus years is a long time to listen to the same old story from management. It is time we hold the BOD and BOB and Russ accountable.
Rating :
![]() ![]() ![]() ![]() (1 Rating) |
Male |
|
Page
1
of about
1
First
| < Prev
| Next >
| Last
|
Messages in Topic
| Subject | Author | Rating | Time of Post (ET) | ||
|---|---|---|---|---|---|
|
Earnings and South East Etame
|
balmraven | (1 Rating) | 3-Nov-09 09:23 pm | ||
|
It appears that from the fall from $8-$4.50 the ma...
|
ambrosealum | Rate it | 4-Nov-09 12:35 am | ||
|
ambro,
That's a nice way of saying you wer...
|
geenemo | Rate it | 4-Nov-09 09:59 pm | ||
|
Listen to the conf calls for yourself th...
|
budwashouga... | Rate it | 4-Nov-09 10:21 pm | ||
|
Care to explain why you're still hanging...
|
happyhorn52 | Rate it | 5-Nov-09 12:17 pm | ||
|
You should speak up at the next conference call.
|
happyhorn52 | Rate it | 4-Nov-09 12:04 pm | ||
|
I don't think falling production is an immediate p...
|
budwashouga... | Rate it | 4-Nov-09 12:38 pm | ||
|
I don't know if it's important to you or not,...
|
opytion | Rate it | 4-Nov-09 02:55 pm | ||
|
Trust me, facts are not important to bud...
|
geenemo | Rate it | 4-Nov-09 09:41 pm | ||
|
[[Trust me,]]
Hah!
a-hole
|
budwashouga... | Rate it | 4-Nov-09 09:52 pm | ||
|
I'm not really quite sure what you'...
|
opytion | Rate it | 5-Nov-09 01:25 am | ||
|
The 21.5 B/d number may be the gross amo...
|
budwashouga... | (1 Rating) | 4-Nov-09 10:43 pm | ||
|
Very well put bud.
And as for ne...
|
foggiecat | Rate it | 4-Nov-09 11:58 pm | ||
|
Agree Bud, they have to do somethin...
|
oechman | Rate it | 5-Nov-09 12:31 pm | ||
|
lil raven,
Some folks have to learn the hard wa...
|
geenemo | Rate it | 4-Nov-09 09:53 pm |
|
Page
1
of about
1
First
| < Prev
| Next >
| Last
|
