RE: good and the badEd Davies said to my question,
Has the Joint Reservoir Management Group resolved the Back-Out issue and how has or will this affect our cash flow and future drilling? In progress, we foresee no cash flow problems and we plan to farmout a 50% interest for 100% cost in 2009 wells.
To me this means we will drill Aspen and Steamboat ( where ever that is ) using others driller's money for giving them 50% interest. Therefore no monies by us as we build up cash and no dilution. Do I read this right???
Tortoise10