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PieEconomics

02/14/15 7:38 PM

#297594 RE: tryoty #297591

"following the successful conclusion of our seismic survey" <-- you left out this last part: "...on the Block this summer." This press release was dated Dec. 1, 2014, so they are stating that the seismic survey was completed last summer, and that it was successful.

That said, we still need to see a merger ASAP. Aren't there any similarly hurting and motivated/ similarly sized companies willing to combine with us?
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Julius Erving

02/15/15 7:31 AM

#297601 RE: tryoty #297591

Troy, that is an older statement.

Dan wrote me on Februari 6th:

To my knowledge there has been no such confirmation from CEPSA. What we have disclosed is plans to drill prior to the expiration of the current First Additional Exploration Period, which runs through September 2016.

They have plans to drill within the first additional exploration period.

Period.

That is something else than saying, last year, "poised to proceed".

If they (CEPSA) had no plans anymore to drill, Dan would have not made that statement. He would have turned to his BS lingo instead.