notice cr, page-17

Many pundits see a bleak few months ahead with international crises leading the way . Perhaps the timing of this raising about this risk ??

No doubt it will accompanied by a new plan to up the ante across the board .

I often wondered how they were going to " pay off " the well during drilling , usually money would be upfront or at least the cash would be shown to be available and in an account .... something HOG can't do . Drill vendors may not have accepted that the money was " coming out of the ground " ??

All good as far as I am concerned , as this is a long term play . Surely a steep discount is out of the question at this proven bottom . We will soon see .

At least I am prepared to wait and read what they have to say before getting upset .