RE: Insider buying ...Can we expect some news here?
In the news release of feb-2010 they mention:
"The Corporation participated in the drilling of two wells prior to December 31, 2009, which resulted in one economic gas well (0.5 net) and one suspended cased gas well (0.5 net). Wrangler West Energy Corp., the operator of the project, is in negotiations to tie in the economic gas well to a third party pipeline and gas plant. It is estimated that production from this well will be limited to 300mcf/d. The economics of the standing cased potential gas well are subject to re-evaluation based on commodity price conditions."
Was that good news and how long does it take for a tie in to happen? Does anybody also know if they do drilling work on some of the properties?
Thanks