brokers report, page-41

I think there is a great expectation that MAE will in fact greatly improve their gas production by June 30.

However I see very little happenning on the Utah Oil and Gas website, workovers, production inspections, permits..
nothing appears to be happenning.

I very much suspect they will fall well short of their target.

Once again where is the money coming from?
The recent cap raising did little more than pay for their well bonds and court cases.

There is no money for fixing the wells properly unless they get money from somewhere...