When does the horizonal directional drilling take place? Do they have to buy all new drill pipe for that and hire Schlumberger for the directional drilling? Are drilling crews in short supply or is Bitters going to run the rig by himself 24/7? How far horizonally can an 8000' verticle rig drill?? Where will the money come from to do the drilling, is it expensive? Who repairs the rig when it breaks down, Bitters??
If "fishing" is required, can Bitters do that with his backhoe? Is it too late for me to buy in???
Cash is King until further notice!!!
My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.