i think mason's not waiting at all to put out news. but if you want to sit on the sidelines until after WGAS has $8.5M in non-equity based financing to pay off all its convertible debt, and get a monster offshore well into production, then go ahead and do that.
think about that concept: no convertible debt. gone!
and, if you want to wait a while, d-bar will probably be closed also, with another $6M non-equity based loan funded. good chance we could see 1,500 boepd from that asset alone, with its 70-90 wells in phase II drilling.
this is going to be a great week for WGASD!
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