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longinvest

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longinvest

Re: l_winthorpe post# 474

Tuesday, 11/14/2017 1:42:46 PM

Tuesday, November 14, 2017 1:42:46 PM

Post# of 675
Found this in their latest conference call:

https://finance.yahoo.com/news/edited-transcript-gst-earnings-conference-173552564.html

"In particular, we are in active discussions with several parties regarding the potential divestiture of our WEHLU asset. As you may recall, this acreage is located in Oklahoma County and produces from only the Hunton formation.

With our focus on the STACK play, the divestiture of this asset would financially support development of our core area as well as remove concerns regarding the funding of our planned activities. We're pleased with the strong interest and offers we have received on our WEHLU acreage and are optimistic that we can come to an agreement that should result in a successful divestiture by year-end."
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