Admin-Good point ! But for me, I sure like 'boots on the ground' and' 4 drilling rigs'. Art, the 10+ looks good now, but if Raptor #1 goes to 11,000 or 12,000 feet for the TD and finds the " black stuff" below the gas( I know.....another 'what if' ),then 10+ would be history !!   [ As an aside, if they now like bobcat for ppl 238 rather than tuna, that could speak volumes,no ??]

'sageo' pid='31466' datel Wrote:

Admin-Good point ! But for me, I sure like 'boots on the ground' and' 4 drilling rigs'. Art, the 10+ looks good now, but if Raptor #1 goes to 11,000 or 12,000 feet for the TD and finds the " black stuff" below the gas( I know.....another 'what if' ),then 10+ would be history !!   [ As an aside, if they now like bobcat for ppl 238 rather than tuna, that could speak volumes,no ??]

Yes, I can't wait for those meticulously analysed drilling updates here, that should be fun.

I just saw a 105,000 share block go through at 80.90. A cover or a new buy?  WOW!

'Getitrt2' pid='31396' datel Wrote:

'ArtM72' pid='31370' datel Wrote:That is quite a drilling plan announcement. Put together with the bridge loans and we have a very positive outlook. The negative? It will be partner announcement before the end of the year. Been there, done that already. I'd have been much, much happier to see PSA announcements by that time.

"Negotiations with a number of supermajors relating to the monetization of the Elk and Antelope resource in final stages; announcement expected by year end".  Hession previously referred to "completing" those negotiations in a "very reasonable time frame", and IMO what he means here IS a SPA "expected by year end", which obviously would include the identity of development partner(s).  Perhaps we'll get more clarity tomorrow. 

Art, I take it you are now convinced of my interpretation after I put all the pieces together for you, and predicted more "clarity" in the cc?

'Getitrt2' pid='31479' datel Wrote:

'Getitrt2' pid='31396' datel Wrote:

'ArtM72' pid='31370' datel Wrote:That is quite a drilling plan announcement. Put together with the bridge loans and we have a very positive outlook. The negative? It will be partner announcement before the end of the year. Been there, done that already. I'd have been much, much happier to see PSA announcements by that time.

"Negotiations with a number of supermajors relating to the monetization of the Elk and Antelope resource in final stages; announcement expected by year end".  Hession previously referred to "completing" those negotiations in a "very reasonable time frame", and IMO what he means here IS a SPA "expected by year end", which obviously would include the identity of development partner(s).  Perhaps we'll get more clarity tomorrow. 

Art, I take it you are now convinced of my interpretation after I put all the pieces together for you, and predicted more "clarity" in the cc?

Absolutely.  Sometimes I relish nothing quite so much as I relish being wrong.

'ArtM72' pid='31482' datel Wrote:

'Getitrt2' pid='31479' datel Wrote:

'Getitrt2' pid='31396' datel Wrote:

'ArtM72' pid='31370' datel Wrote:That is quite a drilling plan announcement. Put together with the bridge loans and we have a very positive outlook. The negative? It will be partner announcement before the end of the year. Been there, done that already. I'd have been much, much happier to see PSA announcements by that time.

"Negotiations with a number of supermajors relating to the monetization of the Elk and Antelope resource in final stages; announcement expected by year end".  Hession previously referred to "completing" those negotiations in a "very reasonable time frame", and IMO what he means here IS a SPA "expected by year end", which obviously would include the identity of development partner(s).  Perhaps we'll get more clarity tomorrow. 

Art, I take it you are now convinced of my interpretation after I put all the pieces together for you, and predicted more "clarity" in the cc?

Absolutely.  Sometimes I relish nothing quite so much as I relish being wrong.

Well spoken, Art.  Hopefully, from this point forward, we can all focus on valuation and well communicated plans and outlook, and not worry about management credibility.

'tarulestheday' pid='31481' datel Wrote:We are up 20% on extremely high volume. We need new buying, I hope this is not just short covering. Maybe the longs will stop loaning their shares out after this update.

I have been pushing RJ for the ability to loan my shares!!!!