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Candax Energy Inc CXEYF

Energy Oil & Gas E&P


GREY:CXEYF - Post by User

Candax Energy Inc > WHAT IS NEXT?
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Comment by Corpkidon Aug 22, 2012 12:36pm
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Post# 20247199

RE: WHAT IS NEXT?

RE: WHAT IS NEXT?

under current conditions, CAX cash outlay will be minimul over the next twelve months.  The next potential (known) leg up will be Afren drilling Madagascar.  However, CAX could potentially strike a deal to sell part of its interest in Robanna that may cover upfront drilling costs which could create another leg up, but this is only speculation at this point.

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