blm

The BLM process hasn't been completed and already we are well into the workover program. It's a wonder the JV are doing any work at all at Grieve while the approval/review process is in motion. Is it considered a mere formality?

Interesting report overall. It seems they want to access some early oil from Ash Creek after all, but any decent cashflow ahead still hinges on Grieve. How fortunate we are to have this little beauty of an asset in our portfolio.

I'd like to see us pick up a decent old oilfield instead of participating in some wildcat. Is the new cash to be frittered away already?

The new EOR tech... let's wait and see what comes from that announcement, but a new way of rescuing oil from old fields could add some interest to the portfolio.

DJ