re: Ann: Drilling to commence at San Jacinto ...
No thats incorrect saying 1 well! They have drilled only the one well even though they said they were drilling 11 in 2010! Theres actually the 3 wells they had when they purchased the project as well which has been worked over. So yes at least some money but they are currently losing lots per qtr atm. Even with a few more wells on board it will be just enough to pay the mds wage as long as he doesnt put it up 100% again this year
FUT Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held