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Re: None

Wednesday, 08/10/2011 8:07:10 AM

Wednesday, August 10, 2011 8:07:10 AM

Post# of 361106
If our 50% of Chari Block II does not include the producing well then we did not get 50% of the whole block. It sounds as if the block was divided up. That sucks. why couldn't they have told us that up front? Why wait until the 10Q? What else are they not telling us? Four years before they have to drill? Come on. Why even bother? In four years we will be out of money unless they can sell some of our worthless acreage in the JDZ (who would want to buy into Biogenic Gas properties). The EEZ is another 4-5 years before they can talk about drilling. The only thing I see happening is that PN has somehow talked the Chad president into latching on to this cash cow teat for some favors down the road. All that hoopla about getting three more properties and now we find out they are way down the road as well. No wonder Krom is hitting the bottle again. Think I will join him!

JDZ, the home of the worlds largest Elephant herds.