It took them 2 months to tell us there was something wrong with the well. That is as material event as their is for a company as the whole value of the company is based on bringing casandra on-line. The original plan was 2 wells to bring on 90mmcf. This was stated years ago. Then a few months back this changed to 60 from two wells. Now if we are lucky we will get to 60 mmcf by the end of the year, with no plans to ramp up further until additional wells are drilled.
Rational seems to be wishful thinking that they can get more than the piddly 2.40 per mmcf they signed on for. Management has lost all credibilty.