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xZx

08/25/12 4:06 PM

#7474 RE: blindman28 #7473

it's also important what facts are given. for example, if someone is citing parts of the last 10Q related to convertible debt, but ignoring the parts of that same 10Q regarding a pre-approved loan for millions of dollars, specifically earmarked to pay off that convertible debt, then that info about the current debt is only half the story, and nowhere near as relevant to the ultimate outcome.
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Fureal

08/25/12 4:06 PM

#7475 RE: blindman28 #7473

Sit tight. This has huge potential! 1000-2000 BOPD within the next 6 -24 mos! Once we start pumping oil fro I1, I bet we'll see subsequent PR's on other acquisitions, reworks, etc getting underway!

Activity recap:
I-1 - platform ready to pump oil and gas
DBar - Near future acquisition
South TX - Near future acquisition
VM179 - owned lease , we just need to drill it!