News Focus
News Focus
Followers 58
Posts 9587
Boards Moderated 0
Alias Born 06/01/2012

Re: lamlam post# 561

Monday, 02/11/2013 6:53:21 PM

Monday, February 11, 2013 6:53:21 PM

Post# of 4993
Few things 1) Funding of $8.5 which would eliminate remainder of convertible debt and allow for a major Vermillion Well next door to Energy XXI & Exxon. 2) There's rumours now that one of the major oil companies may purchase WGAS because analysts have stated that XXI's production in their Wells in Vermillion will be a game-changer for the company. 3) The BoD & Leadership changed up and it's speculated to be part of the funding condition as well as getting the house in order for a potential buyout. 4) There's also another multi million $ loan expected to go live with another area (D-Bar). We shall see though. All I know is I joined because of VM-179 going live and regardless of a Buyout the comnpany is aiming to start developing the Well in Q2/Q3.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today