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Wednesday, August 20, 2014 3:52:04 PM
• Purchase land based assets and Drill new wells!
• Buy property with existing wells for cash flow, and drill more on the same land, or stimulate the existing wells for increased production (I.E acid or frack jobs)
• Partner up with a bigger player for a percentage on a new drilling program (this scenario bodes well and eliminates a lot of risk). Typically how all Starter oil companies come to fruition.
which ever case above, I hope they do the right deal for shareholder value. Given the float is still low, only a couple of hundred BOE/Day can push this over 1 dollar in a blink.
GLTA
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