In addition, the land owner is well within his rights to be mad. After 21 months of lies, and 1 well operational, then to add insult to injury, he finds out that this company is using it's revenue from shares to finance other so called joint ventures instead of fulfilling it's obligations, smh!
did you see a date when all these shares have to be sold by and on another note is it mandatory that these shares get sold?realistically a little over 2 billion shares will be needed to complete the 4 wells at rice $167,000x4 imo
I think you need to read those documents more carefully and my post. I said any person in their right mind. Maybe the CEO isn't in his right mind and intends to continue to drill on that man's land. I don't know. Maybe the lack of oil on the land is making him reconsider. Maybe the second company on the land trying to pump oil has something to do with the low production.
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