OTCPK:WSRLF - Post by User
Comment by
kegmanon Oct 29, 2013 12:27pm
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Post# 21858306
RE:RE:RE:RE:Any news from IR
RE:RE:RE:RE:Any news from IRTimelines out of WZR's control. TLM only pays 40% for K3, we pay 60%. Leads me to my conspiracy theory about their well on Topakana. It also had to be done by a certain time to keep license. Would have preferred waiting for 3D but I think they were a bit arrogant and or trusting of TLM. Timeline on rig availibility is an issue as well.
WE need a hit with one of the other two deep holes to keep interest. I am thinking they have tight rock issues, low permiability on K3. I cannot believe they would sidetrack without sharing info but that would explain delay on reporting. Thursday's info session with TD might reveal something from them. Regardless of purpose of meeting, Mr Stevenson will probably be grilled about status of K3 and the other two wells.