My analysis on $CEGX for those interested. Posted
Post# of 103014
$CEGX 8k will reveal the dirty details about all Debt payed . End of quater equals clean slate for the 2nd quarter then OTC pink current. $CEGX is ripe for a partnership, joint venture or buyout considering the leases and acquired Wells are smack in the middle of the Permian Basin boom. Not for nothing but could be an opportunity of a lifetime.
The land is going for 60k an acre and going higher. Much of big deals have closed. Time for the smaller players to shine. Private equity have been forcing deals and I don't believe that cut throat behavior is going to stop. $40 a barrel can be achieved with the technology in the Permian far better than the Bakken. Wake up and smell the coffee because the sharks are circling the blood but in are case layers upon layers of shale oil. As always in it to win it. Something big is brewing. At these levels we'll be rewarded 10 fold. Just my honest opinion after reading the myriad of articles about the black gold Rush. Glta.!