Thanks again,geopressure for your quick response. As I mentioned before, Mainland is not a candidate for bank loan or any senior debt at this point of time, the only way they can raise money is through equity. I hope they will be able to do that and bring this well on stream. I am not sure how challenging it would be for them to develop well after well to bring gas out from that depth with such a high pressure and high temp reservoir. I guess operational risk was another factor that potential lenders considered seriously as well. I would appreciate your comment on this! That's why they had to wait so long and finally decided to raise the money through private placement. But in my opinion, the management team is very competent and they have shown that in the past by turning a half a million dollar investment into a $28 million one and sold the Louisiana acreage to go for something way bigger in Mississippi. Mike Parker sounds very optimistic and determined. Thanks and GLTA.
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