Enercom presentation today
http://theoilandgasconference.com/webcas...
Tom Lovejoy stated today that the Kutno prospect has an analog in the Slochteren Gas Field in Germany (it is in the Netherlands actually)
http://en.wikipedia.org/wiki/Groningen_g...
both have the Rotliegend sandstone as the target formation with Zechstein salt seal (that's what makes them analogs)
The stock is currently trading at a slight premium to where it should be trading if the Kutno prospect did not exist. The upside from a 10% chance of success far outweighs the downside from a duster.
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