Kezza as much as anything I think it was Bluegolds forced sale of their holding that was the catalyst for the sp drop from 60c.
Paloma has taken longer than either the market or Neon anticipated but given the shortage of rigs and frac gear etc in CA I guess we hav'nt done to bad. PD-1 bottom hole probably cost us two months and the gear shortages probably added a few months as well. Not to mention a general lack of understanding of durations for drilling and testing shale by holders and the market.
Fingers crossed we get the right set up for the Fruitvale/LS test and get results much more quickly.
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