highlights of announcement

Reading through the announcement, I'd just like to highlight a few important lines

"Under the terms of the JV, Red Fork can increase it's participation by contributing to the cost of acquiring and developing acreage"

Now we assume they have the 60,000 acres and can increase their holding in this JV by contributing more $$. Something they may see fit if the area is similar to EOK.

"the company is pursuing further strategic acquisition opportunities at the Eastern Oklahoma gas discovery."

It doesn't end hear folks, they are after more (cream) land grab.

"The company is committed to it's strategy to utilize its competitive advantage to become the dominant operator at EOK"

"Red Fork considers this to be an appropiate time to take advantage of a low point in the natural gas price cycle to acquire strategically important assets and build it's presence in the EOK discovery"

SMART SMART SMART

This management didn't fall out of a tree. Hat off to them.
They are building something very big here folks and it's only going to get bigger. The comments above justify that.

We just need more confirmation of what lies beneath.

This will all happen in due time. Be patient and don't sell your shares cheaply