Agree. It seems weird and unacceptable. Ofcourse GGP need to watch their pennies. But it's about prioritizing. All they seem to be doing is completing wells, testing, then shutting them in. No fraccing and no production. No explaination why.
Same as the legal issues. Very vague. And seem not to be working on a resolution. Funding - same thing. They recognise Novus is only available funding. But not doing anything (obvious) to address it.
Seems they are more concerned about keeping the leases. So every dollar goes towards drilling. But some money really needs to be put aside for fraccing and legals.
GGP Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held