Sept 2014

[jft310]

Has the makings of a good month as measured by Sept month end close why?

1)Per the last MD and A Raptor and Bobcat results will be released by month end Sept

2)Per the last slide presentation Antelope 4 will be spud in Sept and maybe Ant 5 . These 2 wells will give us a cash payment next year Morgan and Bernstein state could be Billions

3) There was a 6 month exclusive negotiating window for the none PRL 15 drilling partners which expires in Sept.

No one knows exactly when but the Institutional Bernstein call will help .

[jft310]

No new news today before the Bernstein call at least so far.
Is there some tie into well results and the buy out of the balance of the drilling partners?
Does hitting reservoir rock constitute a material event if you don't know how much or size?
Will listen today for talk about well results by the end of this month and reiteration of Antelope spudding this month.
Even if we don't hear anything new the exposure to Bernstein clients will help this week . Today who knows.

[trans]

No new news today before the Bernstein call at least so far. Is there some tie into well results and the buy out of the balance of the drilling partners? Does hitting reservoir rock constitute a material event if you don't know how much or size? Will listen today for talk about well results by the end of this month and reiteration of Antelope spudding this month. Even if we don't hear anything new the exposure to Bernstein clients will help this week . Today who knows.

Strongest hint to me is the fact that the insider buy took place last week.  That buy, imo, means they are close to what could be a material event, which could contain insider info if the stock purchase weren't done beforehand of that knowledge.   Add to that, the possibility that drilling results have been deliberately slowed with the OSH 6 month option to buy IPI shares.  fwiw

[jft310]

Trans I agree there is some relationship between the OSH right to buy out the IPI and public drilling results. Sal Illuqua , former Interoil analyst told told me about a situation in Alaska where ARCO discovered oil and keep it quiet for 60 days . No idea if Hession is doing that or why .
I think the fact Laurie Brown stopped being an advisor for Hession and joined the company officially is significant . Laurie invested almost $500k for a reason. Puzzle pieces what are they saying?