Post by
rockhounddog on Jul 20, 2011 9:33am
Turn Around Story
From the company presentation.
• Focus on oil. ( 50% of current revenue from oil.)
• Active 2011 drill program to commence in July.
(11 horizontal wells targeting heavy oil.)
• Large inventory of oil development locations – up
to 150 potential locations.
• Large management ownership stake.
• Focus on balance sheet improvement.