Ann: Farm-in Funding Secured to Drill Giant Welchau Gas Prospect, page-9

Yes huaneng ,

I like the part,
"A comprehensive due diligence was conducted on more than 20 assets. Farm-in agreements were negotiated on the two highest priority projects"

Then from the story's own Highlights below, the highlights of that article are telling , spud before 2023, smart people with a track record,
and funding subscribed!!!


Highlights:

MCF Energy acquires European energy interests, including giant Welchau prospect in Austria to be spudded before Sept 2023; German prospect within a proven gas field

Incoming MCF Energy leadership co-founded Europe focused Bankers Petroleum, which grew oil production by 2000% and achieved a peak market capitalization over $2.25 billion, as well as BNK Petroleum, formerly Europe's largest subsurface landholder of oil and gas leases

$8.5 million private placement proposed fully subscribed with commitments from incoming management, insiders and institutions