BRR,
Not quite sure what you mean by "a company still to turn a single sod". I would guess you mean a sod of earth. If that's the case, you're blatently wrong, as CTP has drilled quite a few wells now.
"with not a red cent of production anywhere near the horizon" - While the EPT has taken longer to start than we would have liked, as soon as it begins CTP will have money from production. I expect it to happen before the end of the year, and I do consider that to be "anywhere near the horizon".
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