Madfish,
I just read your posting & think you are spot on.
It would appear that the drilling is going well & they don't want to use up the land with infrastructure etc so the acquisition is very promising.
I also spoke to PJ a few weeks back & all was very positive. For obvious reasons he couldn't go into specifics, however he did mention they they are not interested in pumping & dumping (by releasing meaningless announcements) & are more focused on getting the job done which is very different to a lot of other players out there.
All is good.
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