fifteen million $

If you take the pronoia view then they must have found some good oil in Trinidad's first three wells to inspire the $15M placement. They would be trying to ensure that their $15M was secure and so wowould most likeley have based their decision to invest on the latest results and prospects from Ranges' continuing drilling plans...the herrera is where th "big" oil is but the little fish type producing holes ad up to securing their money. Positive in MHO...go the Rangers. Time isn on our side and oil hasn't dropped like a stone to $30 again or anywhere near it like it did during the last recession...but then ask yourselves why it hasn't this time. You don't have to be an Einstein to figure that one! it is way more likely to hit $150 before it ever hit $50 go figure...and pray. LOL