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FN22

Re: againstallodds post# 2675

Tuesday, 06/26/2012 3:26:32 PM

Tuesday, June 26, 2012 3:26:32 PM

Post# of 23597
I'm sure it is safe to say LHPT did their homework before moving forward. Based on the technology and skill set that LHPT brings to the table it is better to look more objectively at these wells and take more of a that was then this is now approach IMHO.

From their website:

[Lighthouse believes the use of modern technology will enable the company to reduce it's risk in the initial phase of development and open up new opportunities. We plan to create a base cash flow from reentering these wells and establish the network to acquire additional land asset in our targeted areas.]
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