Impact: Neutral to Slightly Positive. Striker's most recent Belly River transactions further consolidate the Company's land position at its Wilson Creek property, increasing its light-oil Belly River development well inventory by 8 (7.4 net) locations to a total of 41 (37.9 net) locations. Further, operationally the Company's current volumes of 2,640 boe/d appear to be ahead of its formal 3Q15e guidance levels and our forecast calling for production of 2,500 boe/d despite TCPL restrictions amoun ....
27 Jul 2015
STRIKER EXPLORATION CORP. (SKX) ANNOUNCES BELLY RIVER ASSET ACQUISITION, BELLY RIVER LAND ACQUISITION, $8.0 MILLION EQUITY FINANCING AND OPERATIONS UPDATE
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STRIKER EXPLORATION CORP. (SKX) ANNOUNCES BELLY RIVER ASSET ACQUISITION, BELLY RIVER LAND ACQUISITION, $8.0 MILLION EQUITY FINANCING AND OPERATIONS UPDATE
Impact: Neutral to Slightly Positive. Striker's most recent Belly River transactions further consolidate the Company's land position at its Wilson Creek property, increasing its light-oil Belly River development well inventory by 8 (7.4 net) locations to a total of 41 (37.9 net) locations. Further, operationally the Company's current volumes of 2,640 boe/d appear to be ahead of its formal 3Q15e guidance levels and our forecast calling for production of 2,500 boe/d despite TCPL restrictions amoun ....