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Saratoga Resources

Posted on 8/14/14 at 8:04 am
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 8/14/14 at 8:04 am
A request for those of you that are proficient in the oil and gas industries in the Gulf area plesae.

What do you know about Saratoga Resources? Symbol SARA. They appear to be very active in Louisiana.

Thanks.
This post was edited on 8/14/14 at 8:05 am
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12577 posts
Posted on 8/14/14 at 8:36 am to
Shallow water marsh is where they are active. That's about all I know.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 8/14/14 at 2:23 pm to
Thank you sir.
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12577 posts
Posted on 8/15/14 at 8:40 am to
Making a trade on them?
Posted by Judge Smails
Native Son of NELA
Member since Mar 2008
5518 posts
Posted on 8/15/14 at 8:48 am to
Up 11% this morning. I'd say IG made his move already.
Posted by GREENHEAD22
Member since Nov 2009
19610 posts
Posted on 8/15/14 at 9:02 am to
Use to semi run some of there fields for them that they bought from the company I worked for, all shallow water and mostly old shite.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 8/15/14 at 11:27 am to
Limited upside is my guess, but upside. I moved yesterday in and today out. I think I'll reenter for a longer play at a later time.
Posted by Double Oh
Louisiana
Member since Sep 2008
17860 posts
Posted on 8/15/14 at 2:52 pm to
Dont think they have drilled too many wells this year but could be wrong.
Posted by walkinonwater
Member since Feb 2013
123 posts
Posted on 8/15/14 at 10:06 pm to
They are now horizontally drilling some of their BS fields and did well on their recent one, but not sure when they will be doing more.

@green - which fields did you work for saratoga?
Posted by GREENHEAD22
Member since Nov 2009
19610 posts
Posted on 8/17/14 at 10:27 am to
BS 51 or 52 I believe it was, cant remember for sure.
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