and so the disaster continues....

On 26 June the company through its CEO announced:

"....The retesting will focus on reviewing this new information relating to the Upper B18 interval. Tubing has been run and the well head apparatus (Christmas tree) and flow lines to the flare pit are now being installed in preparation for testing."

That was three weeks ago. What happened? What is happening with the testing? Has it happened yet? Is it delayed for some reason? Are there results? ....

Clearly, nobody at HOG feels the need to start communicating after that last horrendous attemp. I can only hope they are attending an intensive "communication for beginners" course which has required their full time attention and as such has prevented them from providing us any updates. I cannot think of one single other acceptable reason.

I, for one, would also be very keen to hear how the company strategy is coming along (or has all the time wasting and money wasting travel looking for new, unaffordable and/or dilutionairy assets prevented management from puting a clear and concise strategy in place)?

IMO, and I know it would cause further short term upheavel, the management team needs to be replaced if the Board cannot get them to do the most basic things expected of the CEO and his team.

I am disappointed with the Board for not instructing management to communicate and outline a clear strategy....should be a no brainer.