Received a response to my email to David
To sum up
Louisiana currently delayed on vendor side. They have been experiencing delays on their existing new drill (Garnet Deep) and have a few tech issues to overcome as well.
They have strong interest in pursuing the next 2 opportunities from this operator but are not sitting around waiting for these to come online.
engaged an O&G professional (Mike McFadyen) based in Canada who has a track record of identifying and delivering economic investment opportunities both with Canada (Alberta) and greater North America.
Mike has large company experience in the E&P space both in Canada and the US and based in Alberta, CAD. He was engaged by us at the end of last year and we expect him to start bringing new opportunities to our attention this quarter. I am also intending to get him to run his eye over the Louisiana opportunities to get a new fresh perspective on these and to see how they stack up against any new opportunities identified.
Only received today take what you will from it
Ann: Quarterly Activity and Cashflow Report, page-5
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