Had been wondering about the prospect of the drillers doing another well due to the reduced costs associated with not fraccing and testing the first one. Let's hope for a 'free' well, or a significantly reduced one at the least. The drillers were paid in stock so it's in their best interest to get a successful result.
Very keen to get more updates and detail on the proposed acquisition. I suspect we'll be waiting several more weeks for news on this.
Cheers
Doyle
TNP Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held