WGO will have $6m left in the bank at the end of next qtr.........and drilling doesn't start until July. I smell a big cap raise coming ! They will need a lot more money than that to complete to 50% JV activities.
STX have plans for a couple of big appraisal wells that will be more expensive than WE-2 and also big data acquisition campaigns.
IMO
Ann: Quarterly Reports, page-2
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