RE:RE:RE:What’s in it for Shore?Matt, it`s been a long and hard way to get to this point for this little company and some of the previous PP`s doesn`t look so pretty from this point on any longer, yes, sure, I agree.
But at the time did they had much choice ?
Personally I don´t have much probem with the recent one though, and I do hope they can now fund both testing and drilling Casca,Chinook and Royston with cash on hand, positive cash flow from ongoing production, upcoming cash flow from Coho, the VAT refund (5M) from the T&T Gov and whatever credit still unused in the present debt facility.
All focus now should be and I`m sure is on drilling the next two wells ASAP and only then can they start to fathom the size of the Ortoire block to any degree and plan accordingly, and I realize this may very well turn out too big for TXP to go ahead alone on but that`s something to not even think of for now until all four wells are drilled and tested.
Cheers