For my 2 cents worth of guessing, we have two major programs in Colorado
1: is the fact the gas pipeline has been put to tender so we will need funds to go to the next stage of construction.
2: is the comment made in relation to starting a drilling campaign this year at the hotspots they have identified in the Florence field with a second partner who is willing to share the expense.
There is an old saying that you have to spend money to make money. We have all our cards on the table now so it's time to collect the pot.
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