Post by
JMMcgill on Jul 25, 2018 3:36pm
Arizona Lease Sale
https://www.blm.gov/press-release/blm-offers-three-parcels-oil-and-gas-lease-sale
Comment by
TheDude on Jul 25, 2018 8:14pm
Your point? I thought their AHE focus was now in Colorado. What a complete sh*t show this play has become.
Comment by
JMMcgill on Jul 26, 2018 11:57am
No point really, other than I read that the company has interests with helium development in Arizona. These federal lease sales can occur quietly and cheaply, if no one is looking. Maybe its something for anyone (that might be interested) to look at. Then again, maybe not.
Comment by
TheDude on Jul 26, 2018 2:59pm
OK I get it BUT don't they need money to buy land? Wasn't that the point of the PP that didn't happen recently?
Comment by
JMMcgill on Jul 26, 2018 3:14pm
Seems to me that owning Arizona leases would really tie the room together, Dude.
Comment by
TheDude on Jul 26, 2018 3:57pm
Agreed but kinda ambitious given they just canned Utah and focusing on Colorado and don't have any money... This company needs to decide what they want to do and focus on that. Sidoo needs to get off his a$$ and involved. Isn't he the money guy? They were going to rais a lot higher so shoule be easy here, no?