strong oil & gas flows continue in colorado , page-28

Apart from the question of land valuation which of course is enormously benefited by this robust discovery, to me this announcement, and in particular RC's mention of debt funding GREATLY REDUCES the SP component which has to date been suppressed on risk of a CR. In my view the first, most appropriate and NOW MOST LIKELY funding scenario will be non-scrip debt.

This is the fork in the road that all small O&G's hope to face...cap in hand to the market or SOMEONE ELSE'S MONEY! Bring it on.