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db7

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db7

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Re: spec machine post# 4897

Monday, 05/17/2021 5:28:27 PM

Monday, May 17, 2021 5:28:27 PM

Post# of 7914
10-Q out; excerpt: "Recent Developments

The Company has been conducting pre-drill operations for the Tau prospect which is anticipated to be re-drilled to a total depth of approximately 21,000 feet. The Exploration Plan has been filed with and approved by BOEM and the Application for Permit to Drill (“APD”) has been filed with BSEE and is pending approval. The Company continues to be active in the evaluation of potential mergers and producing property acquisitions that it deems to be attractive opportunities. Any such merger or acquisition is likely to be financed through a combination of debt and equity."

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