If you makes you feel any better... i am feeling the frustrations as you are! Mate, these guys are incompetent imho!
There is so much more they could be telling us about the reservoir they are drilling into if they wanted. They have cored the damn thing, they would know all sorts of important information like porosity and permeability. Why keep it quiet? Coz perhaps it's cr@p. Well it is, because they have frac stimulate etc, pump C02 into it also to help it flow and pressurise etc.
These guys are a long way from anything substantial i think.
They haven't even started and don't intend on working on the Juniper field until 2009. This is where most of the reserves are! It's any wonder the market is not rewarding them.
Maybe the market will treat them a little better if they can actually achieve some production from some of the Flax wells, but at this point in time, i almost regret owning alot of this stock.
INP Price at posting:
0.0¢ Sentiment: None Disclosure: Held
