tomahawk halt

Out of interest I went back to the 30 Nov release.

1. Schlumberger estimated 10-20 Bcf in addition to the previous unconventional Gaffney Cline estimates.

2. Ten other prospects were identified with approx 22 Bcf

3. Annual turnover currently 2.5 million.."more than enough to meet all operating costs"

4. No debt.

So given this they may be looking for a partner to farm in to get the gas flowing, or as speculated on this thread raise some of their own funds to undertake this.

Can it really be that bad news given the increase in interest on an increasing volume (albeit low) in the three days immediately prior to suspension?

good luck,
P