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Post by viprgtsr on May 12, 2015 15:41:31 GMT -7
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Post by dipstick on May 12, 2015 17:24:41 GMT -7
this is the 1st clearly negative report I saw about LPG/waterless Gasfrac fracking. Husky and Blackbrush signed and RENEWED long term contracts. If the process worked for these two, I assumed, surely it will work for at least some of the others. And that "some would be plenty in a $30b annual fracking market in N America. But, as it panned out........I got screwed big time.
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Post by 2500hhp on May 14, 2015 14:06:43 GMT -7
That's disappointing. I know they love the crap out of hybrid down south here.
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Post by viprgtsr on May 15, 2015 9:10:52 GMT -7
Sounds like the technology maybe highly dependent on the formation (not just all Shale). Had I known that, I may not have put so much $$ into this stock, origionally.
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Post by dipstick on May 18, 2015 11:23:43 GMT -7
I have doubts about across-the-board validity of this report which states LPG not productive or economic. This would have been suspect and/or evident much earlier rather than after some 2000 frac operations. In normal course, company wouldn't even go public w/o firmly establishing validity of the process. I can't understand all the maneuvering, though it is just a curiosity at this time. What is gasfrac doing now?.........any revenue producing work? .....has no CEO or president. The Chairman of the BOD - Balkany - has not gone home yet!!
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Post by johnspatane on May 18, 2015 17:17:28 GMT -7
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Post by 2500hhp on May 19, 2015 13:52:34 GMT -7
Any information on the Parker LPG job we did for Chesapeke? Right down the road....
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Post by bruiser572000 on May 24, 2015 6:51:53 GMT -7
How do we get the final results of the proceedings including financial and asset
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Post by 2500hhp on May 24, 2015 17:36:55 GMT -7
Don't think that information will be available for now since there are court dates still happening. Now, sounds like they ran out of money before paying employee severance.
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