Another thing to consider with ETE is that
The last well they drilled, I think GOM - 133 was a successful drill with partner Peregrine
more costs to produce that well
Next well I think, the planned GOM - VR programmed, more costs
Then the GRB again more costs
To find another $15m to acquire extra ground that they already have a significant interest in would not be overly clever at this stage
Another thing to consider with ETE is thatThe last well they...
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