RE:What's next?Only have to drill and complete the horizontal section. With the cash on hand and current production they might just have enough to pull it off. A farm-in is also an option. Of course, a share offer is always an option but at this level it would be quite a dilution.
With no debt they may be in a position to finance enough to complete another well and then generate sufficient cash to plow ahead! There saying much at this point in time so I think they are working on something to be able to move forward.