XCD 0.00% 1.1¢ xcd energy limited

GRMR new drilling applications

  1. 10,554 Posts.
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    They've added a further three drilling locations to the three that were applied for in November - don't know how we afford our 20% of drilling costs on these six wells.
    Maybe we elect not to participate in some of these wells and hope the oil price bounces back by early next year as Mr Market is not going to have much appetite for a new capital raising given current oil prices.

    http://wogcc.state.wy.us/appbycompany2.cfm?nOPCO=2434&cCoalBed=N
 
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