"When the EOD 264 is available, Byron currently intends to drill two to three wells. In the event Byron drills three wells, it has the right to drill a fourth well at its sole discretion."
Drilling also pushed back to mid-April.
The question of funding is now not an issue, as with standard payment terms they have approximately 6 months from the date of the quarterly to get enough cash in the bank.
Ann: Quarterly Activities and Casflow Report, page-2
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