RE:RE:RE:On the way?Hopefully we get some clarity when Frontera releases their 2Q results tomorrow after market close/Thursday morning during investor call.
Given that Frontera had initially said the well would be spudded in "early 3Q", and then "Aug 1-15" more recently, its clear they have an incredibly poor sense of understanding for well mobilization and rig logistics. Hopefully we get clarity, instead of off hand information from folks on the internet.... Frontera/CGX should be ashamed really how poorly they have communicated this well and thus appropriate updates to investors.
On another note, looks like the share price wants to run but it keeps getting dragged back down. Again, hopefully CGX/Frontera just accounces another bloody loan tomorrow/Thursday and get's this show back on the road again. On a plus, least CGX will get a more fair value for its loan. Shame this was not done back in April for the $19MM loan (as nothing has really changed since then).