Replies to post #2233 on Matrixx Resource Holdings, Inc.(fka MXXH)

[booju83]

Again, answer this question: Would you rather have Clovelly be producing just gas or both gas and oil? We are talking about a possible resevoir of 11 million barrels of oil here.

Worst case scenario (according to Matt) would be plugging back and then sidetracking from the existing hole. At the time, they had no intentions of backing away from the drilling to TD.

I guess whatever isn't PR'ed isn't official, though I guess their opinions isn't quite as important as other companies as they only have a 5% working interest in this venture.