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re: Official Erin Energy (ERN) thread
Posted on 6/18/15 at 8:02 am to Iowa Golfer
Posted on 6/18/15 at 8:02 am to Iowa Golfer
I could see a squeeze today. If you assume the float is 9MM, and that has traded in a handful of days given the relatively low volume and cap, it could happen. No way to really know, but based on some quick math, it is possible.
What does your due diligence indicate about total float?
What does your due diligence indicate about total float?
1
Posted on 6/18/15 at 8:52 am to Iowa Golfer
just started production from OYO-7 well
quote:
Erin Energy (ERN +8.9%) opens sharply higher on news it has started production from its Oyo-7 well offshore Nigeria, a second development well that also uncovered hydrocarbons in a deeper untapped reservoir.
ERN says it expects to double oil production from the Oyo field, of which ERN is operator with a 100% interest.
This post was edited on 6/18/15 at 8:54 am
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