Timlin,
Yes it was. However how do you expect to drill X amount of wells without Y amount of rigs? Obviously you need more rigs to drill more wells. More leases is smart too as you could get leases that flow higher rates per well.
Furthermore, add 100million capital injection from a third party company for 25% of the profit and you will see there is definetely a grand plan to drill and complete wells 2013...
Heck, I'd be hoping they were getting on with the job right now.
Add to My Watchlist
What is My Watchlist?