New Frontier Energy Inc (NFEI)

[maverick one]

Change in officers...interesting. They look like money VC Fund guys from overseas and domestic here in the states. Did Paul and Les run out of steam I noticed in filings their salaries were reduced along with short employment contracts? These new guys are not oil/gas people they are money people.

Are they going to keep the leases and follow through on their plan to drill new wells or near existing ones and deeper in Slater?

Are they going to finally raise capital with the new officers to build a gathering line to that huge Focus gas well and attach it to their existing line to Slater line? Isn't that 12/1 Focus have something like over 2 million feet daily+? Not including those 3 shut ins they could tie into.

If they were to build that gathering line it would open up that Focus lease for more wells and tie in those other 3 shut in wells along with the huge Focus. I don't understand really why they are not moving on building this other gathering line to that lease. It's spring time they should be all over this right now snow is melted or in process.

It didn't make sense too me that they would drill those wells on the Focus without putting in the gathering line and connect it to Rex West.

Or are they simply going to chop the leases off and sell them these new guys? The price of the stock is weakened dramatically over the last year and it could certainly drop much lower. Recent spike but nothing major no volume and no
interest and nothing from corporate in form of PR's informing investing public which way they are going from here. Then again it could go up quickly if the right PR comes out soon.

They really need to raise capital quickly (like now) and have Paul/Les secure rights for a holding line across ranchers properties to the Focus lease and wells and hook it up this spring/summer to the slater line before the snow flies later next winter. There is an opening of maybe 6-8 months and they really need to ramp this up or chop it up and dump the leases and move on.

Why go through all the expense and time to pop those wells in Focus without putting in the gathering line I don't understand that strategy? There is I suspect much more gas there for reserves and existing but deeper down below existing wells producing already in slater. Even though the gas price at Henry Hub has dropped Rex West is still building their pipeline from Mizz to Ohio (Rex East) still as we speak. They should be jumping all over themselves to raise more capital and REALLY develop those leases way more than what they have done to date. Mr. Laird did a really good job taking what he did and making it what it is today and I hope he stays on and develops it even more. Be great to see these leases producing 4-5 million+ short term in gas daily before the snow flies next winter.

This stock should be at $ .65-2.00 especially with majority interest in slaterdome gathering line and also the leases themselves.

Might be an opportuntity to buy...but highly spec because no word from corp whether they have the funds to develop further or chopping it off and selling it. I would keep it and develop it more money too be made longer term investment with demand for gas to increase regardless of short term price. PPS could drop more with no demand/volume and until there is word what they are really going to do. Until then small stock investors are not going to jump in and stabilize and push the pps up anytime soon. Plus if they raise capital there could be shares added thereby diluting even further stock pps dropping common stock price unless they make other arrangements which that would not occur like preferreds or something like that.