Namibia offshore??? Why are they going all the way over there and drilling offshore is there not enough oil in Alberta oilsands plays? A name change here might be in order, maybe Alberta Offshore Holdings or some such thing.
Sheesh talk about a risky move especially as they are looking to prove themselves as the new and improved owners of this company. Seems like they are doing exactly what they claimed the last management was doing, lots of spending not a whole lot of anything else.
The technical trend suggests we will see .04 once again soon.
M