Oil prices have not been favourable to the junior oilers. I expect to see some action on this stock once Hurricane season is over in the GOM. Management are doing the right thing and delaying drilling until Hurricane season is over & done with. Just going on recent updates I'd be expecting management to be seeking farm out opportunities for the next drill @ SM6 number 2. Remember that this company has excellent management, cash in the bank and the uncanny ability to raise funds when required. We just need to chill the beans & wait for things to play out on this one. Cheers Slabbo
BYE Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held