At least it was a formal admittance of what has been skirted for a long time....the fact that this company does not have a viable oil property. Quite a change from this PR comment made just a few short weeks ago.."Eagle plans to go back to its oil production and technology roots and begin a new period of growth."
He must have known when he issued that comment that it was a bunch of seasoned manure. Now we will see if he really has changed his spots. Will he follow this PR with an actual growth plan or is he simply just attempting to cover his behind?
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