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Granite Oil Corp.

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Msg  15 of 18  at  11/7/2014 9:19:58 PM  by

bankstocks


Relaxx

One of the Canada analysts posted some comment about this Bakken area acreage.

Says its more like 2M laterals in some cases for this area, with 200day IP's

and not sure if that was IP30's, and 200-250 EUR's with 3.5-4M well costs, something
like that. Seemed like they did not give it much value today.

Says the main Bakken pool has plenty of value and of course Brazeau.

Says the stock will go up to meet higher multiple companies as they prove out
more and more wells in the acres they have got in these two plays.

Think it was RBC and a $13 price target.


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Msg # Subject Author Recs Date Posted
16 Re: Relaxx - 7 mile step Relaxx 5 11/8/2014 1:54:36 AM






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