There's no point running 3D, burning through $3-5 million, and leaving yourself no bargaining position, or worse no money to flow test if potential investors decide to play hard ball. We've been down this road too many times to not learn from it surely.
Until other funding is secured it will stay on hold. If other funding is not secured we will flow test before 3D to get a bankable result making things easier to secure funding for ongoing work from that point. 3D, whether run early or not is at least 12 Months for results to come back, so while it is important, there are 13 other prospects we can punch a hole into with purpose and value add without just drilling somewhere to keep the rig working. While not ideal that is the reality of where things sit.
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Open | High | Low | Value | Volume |
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