Blackdog - 500boe/d exp - 90% lightOil - 11m C$ MK

Wolln wir doch mal schlafende Hunde wecken !

BLACKDOG is over 90% light oil.

V.DOG should be close to 260 - 300 barrels per day after the Buck Lake well is brought online, and 400 - 500 after winter drill season is over. Even on the low end - 400 x $80k = $32mm / 27mm shares = $1.18 per share (0,90 EUR)

Pure value.

http://www.stockhouse.com/Bullboards/...4778&l=0&pd=1&r=0

"Yes we think 500 by end of 2012 is very doable and without raising any more money which is the key. Once we get this well tested and online we will have a much better idea of how quick we would drill a second well on that particular land and of course will have a better idea what kind of production we might get from a second or third well there. We have several other cardium targets we are considering for this winter and then will likely will drill our Slave Point next summer/fall so we are confident in our plan."

http://www.stockhouse.com/Bullboards/...4684&l=0&pd=1&r=0

Bob Moriarty: Blackdog Resources Ltd. (DOG:TSX.V) just finished a well within the past couple of weeks. Its stock is at $0.40 a share and the company has about 26 million shares, so market cap of about $10 million (M). Based in Calgary, Blackdog could be $1 a share easily...

BM: Blackdog is doing exactly the same thing as Aroway, producing and exploring. It's just a little bit earlier stage....

http://321energy.com/editorials/energyreport/energyreport122111.html

"...While DOG is currently producing ~220 boepd, and is about to bring another well online which should add 50++ more to this number, you also have to look at the winter drill programs coming and the properties which DOG has positions in. Unlike many other junior O&G players, DOG has properties in the wings which are scheduled to be drilled at various times over the next 1 - 18 months. These aren't exploration properties which they hope they'll find oil, these are properties in some of the hottest regions in Alberta, beside other producing properties.

There is a reason the CEO is confident that they'll acheive their 2012 goals, and then move to 1,000 bopd, it's  because the company already has the land positions, and it has a pretty good idea of what it's going to hit when it drills. DOG isn't burning cash on expensive overhead, and has less than 27mm shares o/s. Way undervalued. "

http://www.stockhouse.com/Bullboards/...0295&l=0&pd=2&r=0

I'm probably a little to early to the show. 

Better than too late i guess ?!