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Re: hillzman post# 3538

Thursday, 01/29/2015 10:06:36 AM

Thursday, January 29, 2015 10:06:36 AM

Post# of 3745
No doubt Coachman will finish the 16M in expenditures ,or the deal for 65% ownership would be incomplete . If Coachman wanted to put off finishing the 8 production WF wells ,I don't see how that would be advantageous to them. Labor,Rigs ...general costs should be going down and that should reflect in how many WF wells they should be doing ,with their "earn in money".16M

If the Dejour shareholders are given ethical fiduciary responsibility by the operator , everything should be working out in our favour. The deal was for Dejour to be carried for 16M "costs" , with the estimate on 8 WF wells in full production and a Mancos Test well ( within of 1 of the 8). All parties best interest is served by completion of the deal. IMO.