million dollar spud, page-2

Delux 73, it was paid back in Feb 2013 by CTR. What left is the 10% option for future wells but from the recent $70,000 paid by operator to Santa for the overiding royalty of Atzam-4,5 I expect that Santa sold its option too or don't intendt to exercise it. If they intend to keep, why would they sell that royalty for just a cheap price. I believe they are out of the scene after selling that. I understand that we own 60% of LAR so if LAR bought that 10% royalty, it is benefiting all partners in the LAR join venture. Any way, with storage facility on hold, the money would be also available to drilling and should spud before Xmas. B to be hold accountable for the "few days" style of announcement. What else can that guy do by keep misinforming shareholders. And who is Mr Curnow, who was said to "did good job" to be elected in the board. I never heard of him.