Quattro Exploration and Production Ltd QEXXF

RE:RE:Um... What?

[elgaveeno]

Based on induction logs, core data and structure, the land they are in despute with CDR over is oil over water trending to wet. . The wells to the north are more reasonably, all oil.  If you looked at it independantly as I did, you would take a large pass on the majority of the acreage. I would chalange you or the company to provide what most real companies do: acreage maps, type well economics, well and infrastucture costs,mapping etc. That way, anyone can figure out what they are up to. It is called transperancy, and I'm not holding my breath.

I also don't know of a board approving a multi-year capital budget before. That's a real puzzler, especially when they don't have the funds on hand to do so.