With the qtrly coming this week , this may well move along steadily . It seems to achieve , and could be similar to other oilers in California with growth in 2012.
They plan 10+ wells in 2012 , and have cash, plus options well within the money .
They have the usual hold-ups as the oiler exploration and frac industry is working to full capacity atm….hence delays in completions etc.,.
They have to wait their turn , but have resources booked . Mar Qtr will see some more achievements .
On watchlist as from today ….. hard to buy stock
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