re: interestgulf of mexico calsid if you held through the...

re: interestgulf of mexico calsid if you held through the consolidation why would you sell now?

LIO haven't released any upcoming drill info because they have been busy cleaning up their capital structure/consolidation.

LIO now have 60 mill shares,
market cap of $19 mill,
with $10 mill in the bank,
are about to sell their 2.5% interest in a well in indonesia for approx $6 mill

thats enough money to drill the prospective and low risk shallow waters off the coast Texas and Louisian.



for info on whats coming up look at press releases by the other partners GLX and ETE




cheers