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Ann: OEL: Winx-1 Drilling Update, page-208

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  1. 70 Posts.
    lightbulb Created with Sketch. 12
    "whats got me me stuffed is if our acreage was so strong why did we just waste a year trying to strike oil at Winx. We could have drilled for our conventional and just gone for it."

    I think your right on the money here. This is what has worried me for a long time. We could have had enough funds to drill the conventional ourselves. If there really is two FO deals in this next period as forecast, then to prove one up would add millions to our market cap.
    We should have taken matters into our own hands and not waited around for the well financed to swoop when we can offer little resistance.
    Unfortunately I think our opportunity has been poorly managed and now we have our backs against the wall all be it still a major opportunity.
    What was it: "2019 is the year that long term shareholders will be rewarded ?" maybe what was meant was the major shareholders who read the announcements well will "cream the curve" as in the last few days.?

 
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