Oil from what and fromhere and how much? Neely himself said that gross production had to be above 5,000 barrels per month for the company to be profitable and since then, production has declined to 1,200 barrels per month. Also the gap between working interest and revenue interest has widened negatively since that statement; pushing the profitability target even higher. Quite frankly, the only way I see the company to monitize anything they own is to sell it and thats exacty what they have been doing over the past year. The well count is less than a third of what it once was.
Oil in December? There is oil now but unfortunately there has never been enough in the history of the company to benefit the common shareholders directly. There have been some benefit to those that have played the pump and dump cycles if that is your intent.
Ho Ho Ho or Hope Hope Hope; there is no such thing as Santa Claus. You will have to pump a little harder than "Oil by December"...
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