Bank balance $953k
"Included in the above balance is $811,000 of cash held by PEOCO LLC, a wholly owned subsidiary of Sacgasco, which represents cash calls made by PEOCO LLC for exploration expenditure incurred up to 31 December 2018 but not yet paid. This includes amounts paid by Sacgasco."
Being a wholly owned subsidiary of Sacgasco, doesn't that mean the funds are still held or transferred between Sacgasco controlled entities.
Ann: PEP11 Option Update, page-44
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