GREY:CUDBF - Post by User
Post by
STE15165on Mar 26, 2013 10:29am
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Post# 21168033
Future
Future The plan is excellent. Using possible farmout partners is great as we don't drop a dime and we get a 10% gorr. What I don't like is if we had some money we would drill our own and get 100% of it. We just have to hit one well at 100 barrels and I believe going to institutions to raise capital will be a thing of the past. Also to get 30-40% working interest of the farmout partner after payback is murkey. How much is it roughly and where are we going to get the money.