The problem with all that is ... the Co is running out of money , and therefore millions possibly billions of shares need be issued to carry out any appraisals or further exploration drilling. To me JW-1 and S-1 are residual oil prone at best . Not sure who the mud logger was that reported 'live oil over the shakers' , but I would suggest he be issued with ordinary reading glasses rather than 'rose colored' ones next time.
There may well be a time to re-enter this 'story' but it sure as hell aint at these levels for mine!!
DYOR
CTP Price at posting:
28.5¢ Sentiment: None Disclosure: Not Held
