CND 0.00% 3.1¢ condor energy limited

exploration activity., page-5

  1. 30 Posts.
    Rob,

    Maybe you should read the quarterly again. BKP is not fully funded and will more than likely need additional funds depending on where wells will be drilled in 2014.

    PFC had funding issues this year that is why nothing has happened and there have been massive delays. PFC is now fully funded by statoil and all steam ahead.

    BKP needs to meet its commitments of 25% for any expenditure on its EP's.

    If you can not understand this from the quarterly I recommend you email or call Colin or Justin and ask them directly whether BKP is fully funded or not.

    It seems clear to me and alot of others on this board that BKP is not fully funded by statoils 50 million dollar exploration program.

    Good luck to all BKP will have a big year 2014 due to the amount of activity in the basin and I have faith management will come to some arrangement to see BKP will be around during all this exploration in 2014 and beyond.

    Please everyone do your own research this is all in my own opinion.
 
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