RE: RE: RE: RE: Thoughts '......I will let you complete the sentence from a multiple choice test a) next Exxon Mobil b) promising company whose only producing well is 200 miles by truck from the nearest terminal where they get a fraction of Brent pricing and for whom the bridging 10 wells drilled have come up dry and who has no money left and whose management has bled you dry c) fraud d) scam.'
The Answer is B
cause management are making a great living at this so they reaaly do no need to try. It is like welfare thre is no ncentiv to get of it.
Robson did describe in an interview that Tethys in one form or another has been at this for 20 yrs. Not sure if i would be bragging that point considering after 20yrs we still can not make any money or fund a 10 well drill plan per year, sad.