"Texas is a pee ant start, no one here will argue the toss there, but its a start."
Should cover a year or two of tea & coffee, photocopying, glossy brochures & other admin costs. (at the current rate of expenditure that is).
It is a great start...but also a diversion. If it keeps the company afloat to drill Puntland I am happy...but all the nonsense about being an oiler is a smokescreen.
As Shrewd was inferring...a hundred Smith 1 wells would make them a real Texas Oiler. Just 1 well in Puntland is all we want.
RRS Price at posting:
6.8¢ Sentiment: LT Sell Disclosure: Held
