Replies to This Discussion

Permalink Reply by William C. Morrison on August 21, 2012 at 4:44

I looked into buying Pryme and found out it was a very expensive proposition.  First it is traded on the Australian Stock Market and second you have to pay a $150 fee to get US brokerage house to buy the stock for you.  So it is an up hill problem.  I do hope Pryme gets a partner/joint venture/whatever to keep them going.  They are a daring outfit.  Found the right play but just not how to develope it or drill yet.

Permalink Reply by Bob Johnston on August 21, 2012 at 4:59

Pryme can be bought on a US exchange under:

PRYME ENERGY LTD S/ADR

(PINK:POGLY)

Permalink Reply by William C. Morrison on August 21, 2012 at 12:51

Not when I looked into it more than a year ago.

 

Permalink Reply by Joe Aldridge on August 21, 2012 at 13:08

Chip,

Did you get my email?

Permalink Reply by Joe Aldridge on August 21, 2012 at 13:11

You have to know where to look to find the trade symbols on the exchanges in this country. The lady in the Scottrade office helped me find both of them.

Permalink Reply by David Crockett on August 21, 2012 at 14:15

New article on avoyellestoday.com concerning pryme's funding.  i am on a different computer and can't copy it. 

Permalink Reply by Joe Aldridge on August 21, 2012 at 17:03

Thanks Linda,

I had been watching Pryme's site all day and am surprised to see it in the online paper first. I guess you have to give it to those guys they really locked up a big chunk of cash. They now have the funding let's see if they have the knowledge to make good wells.

Permalink Reply by John Matherne on August 22, 2012 at 9:41

Good luck to Pryme and its new partners and unlock the Austin Chalk potential.

Permalink Reply by John Matherne on October 4, 2012 at 6:18

10-4-12 Update

Drilling to begin in a few weeks.

Lets get this Austin Chalk going. Best of luck Pryme!

Permalink Reply by John Matherne on November 13, 2012 at 6:46

Pryme is about to drill horizontally thru the pay dirt. Show em how it is done Pryme.

 

Permalink Reply by William C. Morrison on November 13, 2012 at 10:46

Drilling horizontaly is not the problem, it is what you do to get the oil out of the chalk formation. Anadarko is still struggling with that at LaCour #43.  Even Pryme's early wells are having trouble with long term production.  No one has figured out the way to do it yet. I hope Pryme does indeed get it right.

Permalink Reply by John Matherne on January 15, 2013 at 6:47

Intersecting gas and oil

Flaring

Go ahead Pryme

 

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