story telling .i buy., page-18

At the risk of talking to much : You would want a very good operator on that rig if you want to risk about $4 mill US$ on the end of a bit of steel. There is a cheap rig for sale in South America. Maybe get a good operator from Nth America to run rig. I still remember a VPE Eagle well that cost maybe 20 mill an no cash back. Thats where JK started with his nickname. I was a share holder then. It costed. I will never return to vpe...
Greg had a bad experience with arq which I was not aware of. He will be reluctant to risk half the piggy bank at present. 247