AXL Operational UpdateNothing new. Glad to see their still on track on getting drilling going on the Tapir Block which puts us into April by the time they get oil flowing. Im still waiting for AXL to release the hounds and become more aggressive with their drilling program....... considering oil and gas prices getting ready to soar over the coming months is prime time to drill.
Same goes for West Pepper tie in.... They mentioned i believe 2-3 months ago about having plans to either sell West/East Pepper or get it developed, they must be talking to a handful of companies and solutions
CEO mentioned that they could drill up to 6 wells on one pad because its a high target well site and has one well already producing. Lets go already.
Really hoping by march 15th we get additional news besides the " we've started to spud and remain on track to completing the well in April. "
On another note as of right now Level 2 says only 168,000 shares from 22.5 - 29 cents avaliable, we shall see what tomorrow brings
GB