Hi Before I subscribe any more monies I want to know that it will be spent on Fause Point Drilling. They were the operator and largest holder. Yes it would appear that they drilled to close to the Salt Dome and only hit the edges Further 3D showed this to be true and the oil is there. They spent monies ( OURS ) on production etc and this is still in place. Management is doing stuff all to sell this drilling and the underwriters can wind up in control How much imfo have they been given while us shareholders are kept in the DARK Towie SD I think that the Operator has a lot to answer for and it was just a FOIST On Us Shareholders Towie 51 Metres of oil in good reservoir type sands does not just dissapear I object to the use of these funds being used for the Over Budget Towie
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
Stay ahead of the market, with HotCopper.