RE: SP12 May 2018 09:25
To answer that question I am more excited now than before, given stability to the company with an income with capital costs fully covered with no dillution to the share holders, the cash that has been generated would have been tide up again into drilling and completing costs and the upfront cash that the agreement with True provided would have taken a while to get back, so meanwhile there would have been no money to generate more drilling on other acreage with deals to be made!
Paul has lots of links with the oil and gas industry ConocoPhillips, Anadarko and Bison he even sold land to the first 2, he can create project generation and I think they have something in mind, so would need the money and freedom with manpower behind him to carry out to expand and further the company at a higher level of the pyramid structure, why get bogged down with the restrictions and resource hungry of the workings of the Denver project when there is chance to repeat the little projects that can multiply and keep adding the cash to the pot to generate the next!
So step in a billion dollar company with 30 years experience in drilling and deal making with their own gas facility's plants and also Paul has a long and good relationship with them, so the team can sycronise together with Paul and focus what needs to be done to progress the company to a big one, they have gained the respect, linked up with billion dollar companys as partners and proved the team is exceptional with technical ability and are now more excited as to what could be next!