Good News about EnviroUntil the money runs out. If they have the goods in the ground, they would have pump the life out of it. Scot Evans said commerciality is guaranteed "bulletproof" by year-end and, if not, the Co might have to file for bankruptcy to protect their directors and officers. Pemex will demand the overdue $48 million Surety Bonds to be paid off. The Bond guarantors will petition Reco into filing under Chapter 11, CCAA or BIA proceedings if they can't reimburse them, The 4 wells are estimated to cost some $40 million. No oil, no JV's. Opening a data room and pursuing partners mean Dogshit as Reco had done that during the African Oil conference without success.
Where is the oil ?? Having a wet dream is not the real thing. Good luck on 8-2.