Irrespective of whether Elk are successful with their Niobrara shale holdings, the responses I was receiving were hostile and unwarranted with someone even being suspended for using foul language.
You are entitled to your opinion but I personally feel that we had not done enough. Clearly Bob is of the same opinion as a JV now appears to be a step in the right direction.
Time will tell.
You stated: "Just becouse a well in another location produces from a certain formation does not mean it will at the Grieve field."
Perhaps you should tell that to the company's that are paying big dollars to get hold of unexplored land due to the Niobrara shale.
ELK Price at posting:
14.5¢ Sentiment: LT Buy Disclosure: Held