Hang on old buddy. if you cross reference the PRs released by MXXR & Texhoma Energy you would see they are partners in this oil & Gas drilling venture and they swap assets to provide their participation costs. The drilling problem at cloverlly was not forseen and will be fixed in time. The prospects for future expansion and making a lot of money are fantastic. Bmiles did a exceptional job of reporting and I for one am greatful for his DD. I have never met anyone near as good. The old expression "$hit happens" is true but patience is a virtue is also true. Don't give up or be disappointed, its way too early in the game.
This is only my opinion. You should research before you invest to limit your risk. When you invest in pinks its all risk and most fail, Never risk more the 10% of your holdings in pink sheet stocks!
Howard Haftel