These guys are real winners.The last time I talked to them, they said they needed two more people from the goverment to sign off on the deal. Now they say it is only one more. So I sent an e-Mail request for a few more questions.
Date: Thu, 22 Jan 2015 19:23:27 -0600 How many old wells are in that field. How many are good enough to be rehabed. When is the start date on the first rehab. One of my friends is an oil nut. He has 5 times as many shares of this thing as I do. That's a lot. Also cost to rehab a well. Thanks ........
Here is their answer.
Date: Mon, 26 Jan 2015 08:32:58 +0000
According to the company presentation around 230 wells were producing, output declined to below 250 bbl/day
We are currently analyzing the proposed work program with our one and once this has been determined we will update the market on the work program.
I hope this answers the questions.
You got to be kidding me, it answers ZIP. THE RIM OF A COFFEE CUP WOULD GIVE YOU A STRAIGHTER ANSWER.