SRC Energy (SRCI) Update - Sept 7

[dan_s]

A new profile and forecast/valuation model for SRCI has been posted to the EPG website. My updated valuation is $15.75.

"Initiative 97" is a FEAR that will hang over SRCI and PDCE until the November elections. It will be bad for the State of Colorado if it passes.

[JBEnergy]

The street apparently believes EDS (Energy Derangement Syndrome) is out of control in CO. The beating up of companies involved in the DJ and exposed to ballot stupidity 97 is getting unhinged. PDCE, SRCI, even APC and NBL getting slammed even on up days like today.

[dan_s]

If Initiative 97 passes, everyone in Colorado should be required to walk to work for 90 days or have to pay $1.00/gallon more for gasoline.

[John.A.Hunt]

Discouraging report on SA, see the 4th paragraph.
https://seekingalpha.com/news/3389444-r ... ot-measure