Hi Wmma, WOF has only been in existence (as a backdoor listed stock) for a very short time. It will now start drilling for oil in the best prospects on its leases, probably near existing producing fields.
I can tell you don't like Matthew Wood, but there actually looks to be a good investment case here, risky of course.
I don't know, but I bet the plan is to drill the best prospects, establish value and then sell to a major, ala Hunnu Coal.
WOF Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held