sab77

SAB77:

Guess you had better get a new broker, one that knows how to find information and read. The following is from the last exploration update on the last page:


"Project: Shaeffer Ranch
Prospect: Lonesome Dove
Well: Lonesome Dove-1
Jim Wells County, Texas, SIDC Operator, Antares 50%
Attempts to re-complete the well in an overlying secondary oil objective have been unsuccessful and
the well will now be plugged and abandoned. A new well would be required to test the main target
sands."


See: P & A.

Now what the announcement doesn't say is IF they will try a new well, teh cost of that well, and if the chances of hitting something would make that well economic.....