Hi guys I haven't written of the Canyon Sands and the Shales but...

Hi guys I haven't written of the Canyon Sands and the Shales but CEL has only a certain amount of money and look how long we had to wait before a rig turned up at TC.

It's a matter of picking the low hanging fruit first. If Ellenburger goes like the clappers then they will probably put their (our) money in to getting it into production and money rolling in. It will be the cheapest and quickest route to monetising CEL's assetts. More Ellenburger wells would then be the most profitable and the most efficient use of available resources.

News soon.

If they haven't started drilling, it can't be too far away now.

Saltbus