Ann: MOLOPO ANNOUNCES 2013 CAPITAL BUDGET AND OUT, page-5

re: Ann: MOLOPO ANNOUNCES 2013 CAPITAL BUDGET... Not sure I like it at all.
"Cash Preservation" was their main keyword and that doesn't sound auspicious to me.
Only 64 mill cash atm and going to spend at least another 15 mill just to preserver the leases.
Those producing wells are not making money.
Can't see getting much return for non wolfcamp assets and unless we get a proven operator in Wolfcamp quickly who gets some immediate results, this looks like being worth less than it is now.