The newsflow made it obvious what was coming, the only question was before or after results from the next 2 wells would be published. The company's TH has answered that question today.
So the next question I ask is why would the company issue a TH for an acquisition & placement before 2 well results are known - the only logical conclusion is they are not that confident about the results (imo). They have announced twice on the strong gas flows from these 2 wells and that might be the answer right there (unfortunately) - more gas than oil.
Good luck to holders. Sharks.
Ann: Trading Halt, page-25
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