Thursday, April 12, 2012 7:59:26 PM
Holdings and its Rio Riata affiliation.
The key issue for now is whether the three reworked wells can be brought back into production and begin to generate revenues.
I hope the Company continues to speak about its plan to expand its operations beyond those three wells. I'm glad they did not start making predictions about how much money is going to pour into the Bayport coffers once they become producers. They're taking their presentation one step at a time and not getting ahead of themselves, and that's fine with me. Hey, we waited six months for this first PR. I think I can wait two more months for oil! And if I had the powder, I'd be picking up more cheapies on this brief pullback.
All the best,
Lochan
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