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sell side thinning...prelude to announcement?, page-33

  1. 45 Posts.
    This is an excerpt from the announcement on 19th April ie right of way.

    The process for permitting drilling on the State Lease blocks is through issuance of a
    ?Notice of Intent? to drill, which will be filed with the State of Utah?s Department of Oil,
    Gas and Mining by 30th April 2011, and usually takes a month for processing ? following
    which the company may drill in locations which have already had extensive survey for
    flora, fauna, and archeological occurrences.

    So could we be waiting a few weeks for the go ahead to drill??

    Will a cap raising come immediately after the drill go ahead??

    Genuine questions!
 
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