I disagree. We don't need a rain report. I could give a rip if it rains in Mineral Wells. You don't see any "It Rained" PR's from Chesapeake do you?
All rain means is that it makes it more difficult to get equipment to the drilling site, and you can collect water on site to drill or frac with instead of trucking it in. Sure, trucking in water costs more, but compared to the cost of drilling the well itself... you truck in the damn water if you need it.
There should be at a very minimum a monthly PR stating the following things:
1. How much oil was sold from the consolidated fields
2. How much gas was sold from the consolidated fields
3. Status of drilling operations
We know AENP sells oil and gas each and every month. If that isn't significant information related to the primary business of the company, I don't know what is.
Another thing. If it's true that CB is withholding information because he got ridiculed over the "It Rained" PR, he needs to be replaced.
I've lost a lot of money to the mismanagement of this company, and if he's too thin skinned to deal with shareholders that gripe about a BS PR, he doesn't need to be the leader of the company any more.
