Try again?Well,booked the loss already but pondering again.maybe a deal with someone like pulse or razor?
Following up on the 3-26 Upper Montney discovery well at West Pepper and the 6-28 Basal Montney well results at East Pepper, the company is evaluating various options to continue to advance its top-tier Montney resource at its 56-section (35,840 acres/14,336 hectares) 100-per-cent-working-interest Pepper, Alta., property and to boost overall shareholder value. Such options may include farmouts/farm-ins, acquisitions, dispositions and/or exchange of assets, recapitalization, or mergers with other companies. Except as required by law, Front Range does not intend to disclose developments in this respect until the board of directors of the company has approved a definitive agreement/transaction. The company cautions that there are no guarantees that an agreement/transaction will be undertaken.
Front Range currently has 54,855,063 common shares issued and outstanding, no debt and estimated positive working capital of approximately $3.75-million