RE: RE: News. Keep in mind they are making 1 million a month in rev... @$100 oil... A couple of the GORR fund drills are almost paid out now too so that will help the bottom line.
Aside from that, I gotta say that was the worst written NR I've ever Read! No production summary, No news on the fact that the 8th well is still cleaning up... #8 is not even included in that NR... It should another 50boe to the net total. No news that a German company is looking to buy porcupine, or that Tormiline wants to do a farm in with our gas windfall properties. Or Drilling the Bakken will earn us 4 more sections and could produce a 200-400 boe well based on other wells in the area or the fact our verticle has been doing 20 boe for over 2 years now... insert curse word here. Nope the NR said, hey we took on debt to pay bills, we over promised and underperformed and our only hope is a take out now we can't drill for 3 months.