GREY:CUDBF - Post by User
Post by
tuskaleeron Dec 18, 2012 8:25pm
480 Views
Post# 20748288
Viability ?
Viability ? Having proven the viability of the Viking formation at J5, the Company intends that future exploration and
development of that formation will be financed through farm-outs so that the Company may focus on
formations with potential for greater production.
Must have been Chapmans years of experience to come to that conclusion. (7 wells shut in)
https://www.petrooneenergy.com/files/pdf/2011_07_28.pdf
A horrible start for a oil company with some tremendous potential.
Regroup time.