GREY:RNSFF - Post by User
Post by
Boots333on Aug 27, 2018 12:16am
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Post# 28520425
Chiapas Wells
Chiapas Wells
Chiapas wells are all permitted and ready to be drilled. ROE is negotiating contracts to complete this drill program. They may end up using the drill rigs they have been using on the Chincontepec and for the Upper Jurassic.
This drilling likely won’t start until the fourth quarter as they decided to drill more on the Chincontepec. program.
While Management did not disclose anything about funding, other than to say that while they will need more funding, they did say that there is a way they could drill the Chiapas wells without doing another financing.