Farm-out Activity A number of interested parties were reviewing Caspians farm-out package prior to the civil unrest. With the political situation now stable the Company will continue to actively pursue partners.
September Quarter Plans Finalise seismic interpretation over West Mailisu Jurassic structure Decide, based on the results of the seismic, whether to drill a well in West Mailisu Completion of Mailisu III Well #6 and commence production Ongoing work on farm-out of Kyrgyz Republic licences Rationalising acreage position after completion of prospectivity review. The above was from the last quarterly report crusader,it reminds me of that Freddy Fender song ,wasted days and wasted nights. http://www.youtube.com/watch?v=-Qu8RPvhP-U
The only positive is that the PRU shares are $2.39 x approx 2million shares we own,plus whats left in the bank plus the drill rig. I still think of the meeting I had with colin carson,they bought all those pru shares(some 20 million dollars worth) through a broker and not one stop loss,what an incredible investment strategy. I will be at the AGM.
CIG Price at posting:
8.0¢ Sentiment: None Disclosure: Held