Hello there guest! Want to join in on the conversation? Login or register for a forums account by visiting this link.
Posted: Wednesday Sep 5 4:01:51PM 2007
Wow, the $93K per flowing barrel seems really high. I assume this means that there are lots of development sites for the Trust to drill out. The high oil content probably helped them also. Of course, Innova is not exactly a tiny junior. They are well established with 4300 boepd production.
$7.55/share is around a 22% premium over 6.19 close today. Not great but not bad. Bobwins
Posted: Friday Aug 10 12:51:24PM 2007
Information on the Cobra Venture financing opportunity has been added to the Financings sections of the website. Here is a direct link:
Posted: Wednesday Jul 18 4:05:04PM 2007
CBV.v +.06 to C$.40. 66,500 traded today. Still light volume but someone is buying and is willing to payup to get CBV.v. Bobwins
Posted: Wednesday Jun 20 2:22:58PM 2007
Doren, what does this mean?
" on lands where the Company holds 100% of
the freehold mineral rights and has retained a non-convertible sixteen percent (16%) gross overriding royalty. "
When the wells on this field start producing revenues, what is the revenue implication for CBV? Have they swapped their 100% interest for the 16%GORR and no capex for the drilling expenses?
If a well produces 100bpd, what would be their share?
Posted: Wednesday May 23 8:02:42AM 2007
Ha Ha I tried to get some too but it popped to 0.29!