RE: There is one of two things happening heremapleleaf27 wrote:
"You guys are probably trying to get out at these prices because if this is a dud these companies are toast."
Actually, if this well is a dud, we are not toast. We have rights on two shallow gas wells drilled by Focus last winter, plus tow more to go in this winter after which they will be tied in. Once that is done, we will have a NET .7 of a well probably producing around 1 mmcf/d in a newly discovered gas pool.
Plus, something is happening in the Bougie area and we may further cash in on our shallow and deep rights.