Well, from the quarterly you wouldn't know they were in the throws of negotiating a refinance which is critical for the companies future.
Another piece of critical importance for the future of this company , the Grieve Field has some better news. Here the monthly production number almost doubled from November to hit 4398 barrels oil in December, which averages out at ~142 BOPD...still a slow ramp up but it looks like the tend is accelerating.
Cheers
Dan
ELK Price at posting:
3.7¢ Sentiment: Hold Disclosure: Held
