Replies to post #28 on LRU

[rossi]

that is wrong.

PFM has no debt, as the $3-$4 million extant at Q1 was paid off as part of the $13 million, raised by the sale of some of its assets for $8 million, and the recent $5 million equity raise.

We are now debt free, with a strong residual cash position, and with remaining existing production of about 170 boe/day and an attractive Bakken oil asset in Manitoba.