Friday, January 16, 2015 9:48:50 AM
Unfortunately I agree with you that to date FRMC has shown no inclination to actually drill as of yet, and are not likely to any time soon on their own. At the same time, as I understand it, they hold the lease debt free...which means FRMC perhaps can survive where tight budget oil companies are folding. Also, I understand that the better more solid oil companies are concentrating on these less expensive shallow drills to maintain oil production at lower costs...leaving their deeper targets for later. So I think FRMC offers a favorable acquisition or JV target. Just IMO only.
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM