Vagabondo wrote: "- Company has stated they will carry out 3D over surprise area and drill another well. Including admin costs, the cash on hand just barely covers these activities."
Sorry Vagabondo, but I have not heard the company say they will drill another well. I have heard 3D seismic and EPT (holding tanks). In fact they have released the rig because they won't be drilling another well soon.
Can you show where you got this information from?
Thanks,
Karl
CTP Price at posting:
52.5¢ Sentiment: LT Buy Disclosure: Held
