New Oct presentation outNew October presentation can be found on their website.
high lights
1. New production manager starts today ( do not know who ).
2. lots of new land bought at $32 / acre .
3. lots of drilling planned before years end.
4. looking for an acquisition for second play area.
5. holding to their 2500 boepd exit for 2011
This is still a great play but I think it still needs an other year or 2 to grow up. Lots of spending needed to exploit their new lands, and needs an other great well or new strike area to be discovered in order to increase reservers and spike the share price.
Life Learner