Post by
Oregonduck on Aug 17, 2022 10:50am
Good News about Enviro
Until the money runs out. If they have the goods in the ground, they would have pump the life out of it. Scot Evans said commerciality is guaranteed "bulletproof" by year-end and, if not, the Co might have to file for bankruptcy to protect their directors and officers. Pemex will demand the overdue $48 million Surety Bonds to be paid off. The Bond guarantors will petition Reco into filing under Chapter 11, CCAA or BIA proceedings if they can't reimburse them, The 4 wells are estimated to cost some $40 million. No oil, no JV's. Opening a data room and pursuing partners mean Dogshit as Reco had done that during the African Oil conference without success.
Where is the oil ?? Having a wet dream is not the real thing. Good luck on 8-2.
Comment by
peterj99 on Aug 17, 2022 11:06am
How would you know that having a "wet dream is not the real thing"? Unless......... Explain please. Be specific with all the details.
Comment by
C1v1k6 on Aug 17, 2022 12:52pm
when is the 60 day mark for drilling ?
Comment by
pacer001 on Aug 17, 2022 6:30pm
Peter, he is a quacking duck with wet dreams apparently. Did not know ducks could dream let alone have wet dreams. But he does quack a lot on this board. Never a dull moment here but I wish we would get some real oil news instead of quackings!