Ann: Highway 71 Completion Update , page-12

Jarrody,
you factually have no idea and are creating innuendo in tha face of it. Speak to the company - before you claim they dont have 2million and you will be put rightly in your place. You have misinformed the forum here.

You obviously dont know anything about the play and are trying to ramp your own needs.
I spoke of facts and encouraged you to call the company yourself to verify the accuracy of my figure.
Try and be constructive and create useless stories, become somewhat qualified in your comments.

And you have wrongly stated your own sentiment/holding hey?
Figures...just here to have a go. Some people never learn...



Bignote,

It simply means that the gas flowed into the frac zone and not towards it. So seeing as it goes the other way the engineers have fully considered everything and have not decided to waste any money with larger proppants to coax the gas out. Its now contingent and will remain so unless its picked up again later elsewise.

They then perfed (perforated) the higher zone and for economics, we are going to move on.

The company has a policy to movre on fast and get another well going. The next one is known to contain condensates in the form of oil, from all records.
This is the next good news IMO.
The good news today is that we can retain our 2million dollars, having lost very little in the process and get on with the game.
The company is managing our assest well in this regard, unlike some companies who will continue flogging a dead horse in fear of rampers stating 'failure failure'.

The company will keep moving and hasnt lost out.
And on the side they still continue to produce mincely enough so as to be able to keeop our coffers relatively full.

We are basically not using any money and only generating it via our current sales - see how many barrels per day we are selling and see therefore that we are fully sound and call the company to confirm that we have over 2million in the bank.
These other comments above are coming from people who clearly have no factual idea about us and just seem type words to suit themselves.

Cheers

Lautrec