EXPM:AZBCF - Post by User
Post by
lochalshon Mar 22, 2014 7:49pm
234 Views
Post# 22356333
Where Supra is right.
Where Supra is right.As far as timely news releases go, then yes you are right. One example is the CVOx-2 well. In May 31, 2012 the news release made no mention of oil and mentioned that it would take at least 5 months for the data to be analyzed. We never did get another news release however in the MD&A dated March 1st, 2013 it does mention the confirmed presence of light oil. If one went only by news releases then they would not be aware of the light oil presence. I only assumed they had found oil because I did not think they would do a frack without evidence. This is one area that I think they could do better however I am willing to give them the benefit of the doubt having talked with them at several annual meetings. Have a great week and thanks for the discussion.