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Re: kaddy27 post# 12129

Monday, 08/14/2006 10:55:56 AM

Monday, August 14, 2006 10:55:56 AM

Post# of 35788
Usually when you get an extension it is for more time than you need. So if we don't hear something this week it will probably not happen. When they came out with all the LOI's I thought they would have trouble here because they have no cash and the only asset that would have future borrowing power is Grimes and that has become a disaster. It looks like we will be lucky to get four wells out of the predicted hundred plus. I am hoping they will get to reality and get the Grimes field going and then go after the pie in the sky.
HAPPY TRADING