RE:RE:RE:Exploration NewsEmpress/Ike is an unknown. In the MD+A's it seems they want to drill Empress as soon as they have the money (as in next year). I think they said an initial program would cost $10 million. A program like that would give more evidence of Empress' potential and get better terms if optioned or sold.
Management may want to keep Empress for themselves and go out with a big discovery. They are getting on in years and probably would take a buy-out offer if someone submits one for Joy or Duke.
We can dream. I think management has a plan. All we know is they want to drill Empress soon. But we don't know when soon is.