It is apparent to me that oil will hover in the $40 to $60 range for some time with large supplies available and waiting around for some miracle to push prices higher then drilling makes no sense? I am now under the fearful impression that they are not willing to pursue the oil until forced to per the lease and will do it on the cheap at that point with maybe a well or two. If, and it is a big if, there is oil here an aggressive multi well program needs to be in place for any chance of success with these assets that are not being worked properly. We all know what sitting around and doing nothing has done to the share price and outside interest in working/partnering on these leases. Leads me to wonder if they think oil exist at all as they are not willing to invest or seek investment to pursue. Thoughts from others? Sure like to hear Tchauncy's take if still a holder of shares since he held a large stake and had great confidence in management.
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