Comment by
Jman1076 on Sep 26, 2020 3:28pm
RE:RE:RE:RE:RE:It's Happening !!!!! - Phase 3
Did you receive a response yet from Investor Relations?
Comment by
gogoromania on Sep 27, 2020 9:07pm
....and BTW, Sept is almost gone and no word of a meeting with NIS!
Comment by
gogoromania on Oct 02, 2020 12:16am
Must have gotten postponed!
Comment by
Jman1076 on Oct 05, 2020 5:43pm
Please note, posting is going on re Romania on the other site.
Comment by
RHertig on Oct 13, 2020 11:43am
They must have wrote the language pretty bad in the agreement. They were supposed to drill 3 wells on each concession in phase 2. Phase 3 was an additional 12 wells for a total of 24. If there was findings that were commercial we then had to pay our 15%. If it was wrote correctly we still own 100% as they haven't met their buy in yet. But we never got to read the contract so who knows.
Comment by
RHertig on Oct 21, 2020 1:30pm
I was wrong. The language is if they didn't find commercial oil in the first 3 wells of each block and wanted to continue exploration they had to fund 100% of the next 3 wells on each block.