Monday, October 26, 2015 10:45:39 AM
I know many here feel and wish that TGC had been "allowed in" to the Pville purchase of the Sakhai/Acor purchase, but that was not "granted" by the mean TGC Sugar Dadd, but we did get $3 million which should allow TGC to participate in the next 3 wells at a minimum.
HC is going to need to ante up a lot more than the $1.5 million if they are to participate in future wells as their working interest at 50% means they will be aying 50% of drilling and completion costs for each well. Looks like they're taking it 1 well at a time for now though.
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