Ann: Austin Exploration Investor Presentation , page-25

Gary, if you look at the schedule, they have moved it for sure.
moving feast.

As I said previously, the $ wouldn't be enough due to other commitments to hold Texas acreage + PEL105 popped up.

You can see that they'll come back for the 3rd Pathfinder vertical, and then complete the horizontal on the first well straight after.

I think its a tradeoff for $ - cashflow, quick payback on Kentucky and 6 cheap gas wells.
and they are surely planning to get hold of the $50m by July with the new drill schedule, enough for no cap raise...but completing Pathfinder 1 now would have them run out of cash easy by July.