backontrack:- "But they will need to repay $15 million in 6 months and $8 million per well for drilling
I want to know how they are going to do all this".
Here's a radical way to do it....Sell the GRB !. Move on to 3 Forks/Bakken. Land values have soared in the GRB and that would provide the capital and loan repayments for the proven producing area recently acquired. No problems with seasonal drilling in the mountains or troublesome farmers. ETE's sale of GOM assets could buy out EMR.......
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14 | 144014 | 3.800 |
5 | 36452 | 3.790 |
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Price($) | Vol. | No. |
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3.840 | 18022 | 3 |
3.850 | 13100 | 2 |
3.860 | 6918 | 2 |
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