Cuda Oil and Gas Inc V.JNX

Longer Term Plan?

[Feruk]

The horizontal rates are very exciting for an unstimulated well! The time it took to drill and time in zone were pretty terrible, which I'm sure led to some terrible costs. Any idea what the long term plan here is? Yes I get short term there is a deliniation drill or 3 and 3D seismic. But... is this a "prove up oil and sell" play or do they actually want to operate the assets?

how close are they to infrastructure? It'll be a big driver in whether the oil find has any merit.

I've flipped through a couple presentations and it's tough to say if there is any potential here. They've spent A LOT of money to get very little. Seems like the short term plan might make sense, but what's the long term play?

Anyone here have some insight, or is it like most Stockhouse pages with people trying to day trade penny stocks?