capital raising, page-20

There will be a few dumped, but once it steadies should be interesting. Key drivers will be announcement about spending plans. How many wells and where, plans for seismic, startup of extended production test and results, and of course, JVs. Hopefully one within the next couple of months, and another a few months after that. It would be really handy to get some up front cash out of the JVs. Not unusual to at least get some reimbursement of past expenditure on these deals.

I always ignore the coal potential, but it would be nice to get a positive surprise on that side one day