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Ann: Umiat Oil Field Purchase, page-5

  1. 582 Posts.
    lightbulb Created with Sketch. 93
    this is certainly a welcome addition.

    I wonder if they are truly trying to add additional value for the reasons outlined in the ann, or does it show a lack of confidence in the Merlin well?

    this has definitely added to the excitement of this week.

    anyone know the cash position at present? just cautious that this could be fluff for a CR. How far out from drilling do we expect the next one? I would think it is largely inevitable right?

    IMO/DYOR

    Thanks everyone! happy Monday and good luck
 
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