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buyback

07/23/14 11:18 AM

#51 RE: BRbobbles #50

To me it just feels like they are deliberately pushing the share price down prior to the shareholder meeting in two weeks. According to the article put out on June 5th, they expected it to take about four weeks to pull the high volume of water cuts out of the wells in Xenia and Johnsonville. I do not know if they have either one actually on pump and under production test currently, but it would appear as though the Blessing Well should have been brought up to between 100 and 200 bopd weeks ago according to what they projected in the article, if I am understanding it correctly. I may very well be misinterpreting it, but that is how I am reading it. It seems like we should have at the very least have received some news that the Blessing Well is producing such and such many bopd by now IMO.