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Re: ilaavu post# 10293

Thursday, 02/06/2014 3:18:54 PM

Thursday, February 06, 2014 3:18:54 PM

Post# of 30644
Yes, awaiting tests. Awaiting pressurizing. Awaiting a new approach. Awaiting the Bakken deal. Awaiting the loan deal. Awaiting to pay off debt to get the awaiting loan deal. Awaiting BPD. It is a waiting and watching game as are all production type businesses. Backing start up costs. Getting product going, Pre-testing, intraproduction testing, controls, and finally realizing production...of course. PEII is ebbing its way through these steps and more. PEII is not however, a charity. Ark was suggesting people spend more money. Numbers and data support much more of Naz' concerns than simply saying buy, buy, buy, spend, spend, spend. Eventually the well runs dry for whatever reason and lets nature take its course. If PEII fails at this juncture.....

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