I tend to agree also. I almost sent a cranky email to OIP today that would have said what you said ... what ARE they doing with the money they raised years ago now!!!! Fact is ESG simply spun off the leases that were "non core" to raise some more funds to drill some highish risk oil targets. The majority of the CSG rights went back to ESG via farmins ... and for that drilling OIP has to wait for a window of opportunity in ESG's rtg schedule.
Not good enough I reckon to be going at snail speed .... it was April when the last well was drilled.
H
OIP Price at posting:
12.5¢ Sentiment: LT Buy Disclosure: Held
