if you read the 3rd paragraph, last sentence, they are saying there is possibly gas 150ft higher at a different location up dip from Moeller 1
So it sounds like they have drilled where Well 2 is in the below picture.
so sure they can have another stab at it, but its too late now to get it done before end of August to raise the $14mil in cash from the options.
to those pessimists who sold today..., page-15
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