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Mobiaus

06/24/09 2:23 PM

#28089 RE: ryno1970 #28088

I believe the company is worried more about being a strong, stable company than the pps of it's stock.
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heelsgo1

06/24/09 2:34 PM

#28091 RE: ryno1970 #28088

I got the sense after the 2007 year end PRs dealing with the acid treatments to the wells... and we waited and waited and waited in early 2008 for that updated PR that Karen told me seemingly daily would be out "soon", "this week", "shortly", but never came was a signal to me that they were more focused on the natural gas than the oil. I was told later that they were disappointed in the way things were going with the treatments and that sort of solidified it for me that they were going to focus on the natural gas.

It seems to me that they put a lot of effort and money into the gas side of things, and they feel they can get a return on investment; whereas, on the oil side they have put in a lot of time and money and haven't gotten the results they would like.

It would be nice to hear something about the direction they are going on oil though.