news must be imminent

I think there's two way to look at this:

1) They're waiting for the pump jack and tank to arrive - and will inform the market once connected. Which could be the case. If it is I wouldn't expect an announcement until Friday if not next week.

2) Evaluating the drill and will release an announcement outlining the steps to bring the well into production.

My opinion only.

I really do hope that the second formation increases the estimated BOPD by twofold! Wouldn't that be a great start to the Armstrong campaign? I wonder if they have the opportunity to purchase more leases within the area? I'm sure they'll evaluate the opportunity to acquire more acreage once the three wells are drilled.


TW