Sushi1, This company Will increase its land position,it may very well increase its working interest in current and future land aquisitions.
They will test the edwards formation and probably do a horizontal test on the eagleford as well.
With this data and due to their joint venture with petrohawk they will be able to create a credible estimate of gas/condinsate in place on some/all of their acreage.
They will orginise financincing and yes probably create some dilution to shares on issue,although this will be a small price to pay for the increase in recoverable resource.
If you wish to have a chat in person I am more than accomodating in that respect.
You cant stop progress here and this company will finally taste success.
As for your bitter taste about your own investments,post your frustrations on the appropriate forum.
All the best.
AZZ Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
