RE:RE:RE:RE:Three (3.0 net) Horizontal Belly River Dry-Hole-Dusters Q3!?
Two main play areas. Thorsby and Wilson Creek. Thorsby three dry holes no plans to drill more in Q3 presser. Wilson Creek major change in strategy, farming down to 10% interest in future wells. Seems very material to the stock price. Stock went down in a straight line from mid October to $.70, constant pressure. Probably should have been press released to investors earlier but that is unknown. not speculatiing seems odd tho. Looks like they issued max options earlier to management team. Companies like Kelt who have loyal investors only issue about 5% stock options to avoid diluting shareholders. Dave Wilson at Kelt has made me money a few times trading. Live and learn.