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1521-1540 of 1924
last year got 22 well completed as oil producer in Myanmar...2014 there are 8 as of now....hopefully able to surpass what they have last year... cheers!!
Drill n drill but px down n down.. funny
Interra Resources: Drilling Commencement Of Chauk Development Well CHK 1184.
Interra Resources Limited wishes to inform shareholders that its jointly controlled entity, Goldpetrol Joint Operating Company Inc., has commenced drilling development well CHK 1184 in the Chauk oil field in Myanmar...
Attachments:
the so call proposal not yet firm. so don't know anything yet. I normally will sell before they give bonus warrants etc.
anyway if history repeats its self today or tomorrow should see some movement up
anyway if history repeats its self today or tomorrow should see some movement up
newbie888 ( Date: 01-Apr-2014 23:37) Posted:
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Propose also not so fast mah.. anyway hope for the best
ahh i see, that' s disappointing, no wonder not much action on the stock... :(
cheng987 ( Date: 05-Apr-2014 09:31) Posted:
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Interra Resources: Drilling Commencement Of Yenangyaung Development Well YNG 3268.
Interra Resources Limited wishes to inform shareholders that its jointly controlled entity, Goldpetrol Joint Operating Company Inc., has commenced drilling development well YNG 3268 in the Yenangyaung oil field in Myanmar...
Attachments:
- Myanmar_Drilling_Update-Drilling_Commencement_of_YNG_32
So many driling but oil dun go up?? Hiaz
Bonus issue just propose not confirm yet.maybe two weeks or two months
mm, actually when will they give the free warrants?
i have yet to see any announcement.
and haha too bad this week, no movement and already come down..
still stuck
isn' t bonus share/warrant and rights both as good as asking for money?
NoMoney ( Date: 31-Mar-2014 06:53) Posted:
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Not a good news though. Hope to hear some positive result soon
well when giving bonus share/warrant rather than asking for money for rights, to me is good as they sold one company and give the profit to share holders.
have to see how the market react then. normally will up then after give then drop
have to see how the market react then. normally will up then after give then drop
why do you see it going up? personally i feel that the dilution of the share is not too much....so hopefully it is a positive news....
NoMoney ( Date: 30-Mar-2014 21:06) Posted:
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sry is 3 lots :P
piggyback i see is for my case, i have 20 lots i should get 2 lots warrants + 1 piggyback warrant (condtion of 2 warrants is get will have 1 extra piggyback warrant)
meaning 2 +1 total of 3 lots.
mon should see it move up at least 4 to 7 cents
1 warrant price is about est $0.275 and 1 piggyback warrant is est $0.20 to have the max gain people must have at least 20lots or anything is muiltple of 20 lots
not sure but if it does go up to that pirce i will just let go rather than having the warrant
melaos ( Date: 30-Mar-2014 20:53) Posted:
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i think they state 10 shares get one free warrant right?
so you will have much more than just three.
what i don' t understand is the piggyback warrant.
do i need to pay to exercise either one of these warrants?
good or no good ? i got 20 lots means i got 3 free warrants?
if good i think i will sell all share if it hits my target min 44 cents max 48 cents :D
Octavia ( Date: 29-Mar-2014 17:16) Posted:
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Interra Resources: Proposed Issue Of Bonus Warrants And Piggyback Warrants.
Interra Resources Limited is proposing to undertake an issue of up to 45,343,035 free bonus warrants on the basis of 1 Bonus Warrant for every 10 existing ordinary shares of the Company held by shareholders of the Company as at a books closure date to be determined by the Board, fractional entitlements to be disregarded, and, up to 22,671,517 additional free Company warrants on the basis of 1 Piggyback Warrant for every 2 Bonus Warrants which are exercised, fractional entitlements to be disregarded...
Attachments:
MYANMAR DRILLING UPDATE: YENANGYAUNG DEVELOPMENT WELL YNG 3266 COMPLETED AS AN OIL PRODUCER
Interra Resources Limited (the ?Company? or ?Interra?) wishes to inform shareholders that its jointly controlled entity, Goldpetrol Joint Operating Company Inc. (?Goldpetrol?), has completed development well YNG 3266 in the Yenangyaung oil field in Myanmar as an oil producer.
Interra has a 60% interest in the Improved Petroleum Recovery Contract of the Yenangyaung field and also owns 60% of Goldpetrol which is the operator of the field. Since YNG 3266 was drilled using Goldpetrol?s ZJ 450 rig, costs were comparatively low. Interra?s share of the cost of drilling was funded from existing funds on hand.
YNG 3266 was drilled as a south offset to three wells which were completed over the previous eight months as oil producers. It was drilled to a depth of 4,245 feet with the primary objective of accelerating production from the oil reservoirs that produce from these and older wells in this fault block. Following production testing, the well has been completed through casing perforations over 43 feet in six reservoirs at a stabilized rate of 25 barrels of oil per day.
YNG 3266 is the fifth well to be completed as an oil producer in Myanmar in 2014.
By Order of the Board of Directors of INTERRA RESOURCES LIMITED
Marcel Tjia
Chief Executive Officer
Interra Resources Limited (the ?Company? or ?Interra?) wishes to inform shareholders that its jointly controlled entity, Goldpetrol Joint Operating Company Inc. (?Goldpetrol?), has completed development well YNG 3266 in the Yenangyaung oil field in Myanmar as an oil producer.
Interra has a 60% interest in the Improved Petroleum Recovery Contract of the Yenangyaung field and also owns 60% of Goldpetrol which is the operator of the field. Since YNG 3266 was drilled using Goldpetrol?s ZJ 450 rig, costs were comparatively low. Interra?s share of the cost of drilling was funded from existing funds on hand.
YNG 3266 was drilled as a south offset to three wells which were completed over the previous eight months as oil producers. It was drilled to a depth of 4,245 feet with the primary objective of accelerating production from the oil reservoirs that produce from these and older wells in this fault block. Following production testing, the well has been completed through casing perforations over 43 feet in six reservoirs at a stabilized rate of 25 barrels of oil per day.
YNG 3266 is the fifth well to be completed as an oil producer in Myanmar in 2014.
By Order of the Board of Directors of INTERRA RESOURCES LIMITED
Marcel Tjia
Chief Executive Officer
any view on this?
guoyanyunyan ( Date: 17-Mar-2014 15:35) Posted:
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