Drilling will HOPEFULLY start in Q1, but I would not be surprised to see it pushed back even further....maybe to April. Any delay, to my understanding, has nothing to do with any problem issues; rather, TGC is still "getting it's ducks in a row" as there has been a few key changes to mgmt as we know and there are still licensing/regulatory issues that need to be completed.
I also wonder about TGC possibly looking to raise additional funds PRIOR to drilling? I prefer that they drill first, find oil, and then sell shares...but knows what they'll do. TGC is steering this ship and HENC is along for the ride...at least in regards to timelines and drilling sites and related issues. All is on track in my view. Patience...all of us...we're getting closer!