Finally an announcement... FML!
Oh well, can't sell it if I want to... bottom drawer *sigh* Hopefully it's the drilling and not the land and hopefully they can work out what they're doing, but either way it looks like my money is tied up with this one for a fair while longer now. With a bit of luck we'll still see happy days, but it will take a bit more patience yet, unless someone who has some money and knows what they're doing decides the land is good and buys us out. At this point I'd be pretty happy with that.
Even if the land is good and even if they work out how to drill a well, we're underfunded, and 36 net barrels of oil per day aren't going to be enough to have any meaning in terms of how much land we need to drill on. In best case scenario we're going to get seriously diluted. I've lost much hope for the first two wells to contribute anything of real substance, and another stuff up will be a real killer.
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