TRILLION = CASH COW! Ready to fund other explorations! I see the bashers are out in full force attempting to manipulate the news. LOL! Give it up guys, Trillion is a cash cow at this point.
Smart move by Art. Why continue drilling gas wells when each added well does nothing for the share price and the cost of drilling a well is around $12 million. So instead let the current 6 wells produce gas and revenue for the company. The company is getting a price of $14mmcf which way higher than other companies, so let the money flow in and begin the planning and work on the land aquisition oil wells which are way cheaper. Expand the company with additional verticals - gas and now OIL.
At this point, SASB will do the job of bringing in cash for the company and expenses will be significantly lowered without the offshore drilling costs. The balance sheet will look very good for this company moving forward and besides stocks always seem to rise more in the speculation phase of discoveries. So time to move onto the oil wells! Great move!