It was a nice 10Q, it looks like they have ample acerage to explore as well. The company even at $1 is trading at only 3 times book, which isn't bad compared to many of the other small E&P companies. The earnings of 3 cents for just one quarter gives it a nice low PE as well.
Nice that they got back a large block of stock as well. I think this company could really go places if they would get off the pink sheets! No reason why they can't as they are fully reporting.
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