Even if we know that we have oil and gas, I wouldn't be surprised to see that it may take considerable more work to get to the point of production.
I am not in this for the quick buck, I am in this for the long haul and view my purchasing EDEX as an investment, not a typical in and out pinky play. The same holds true for Hemi.
I to expect a pr by next week sometime. I again, don't look for what is best for the pps, but what is best for Eldorado and what will help the company for the long haul. This said, if it for whatever reason also requires some more drilling or horiz. drilling, good in my book. As long as it ends up productive.
Mesa is just not about this well, but about establishing a baseline and the need to do this one right so that other wells drilled in Mesa can also be productive. This will take time. Don't short sight yourselves boys.
My guess is a safe PR saying we we have oil and gas in which will require further work to make money, both in the now in the next few years. This would be a good PR in my book.
All of the opinions expressed here, inclusive of all my past, present or future post, are mine, and mine alone. The opinions expressed are not a buy or a sell recommendation. Do your own Due Diligence.
