Management "Feather-bed" tactics have led to lower reserves and the wasting of money! Railroad Valley the Bracken Tons of wells drilled with no sense of what they are looking at or what they would find! In short only the US Government spends as dumb as these guys!
The seismic is definitely going to take until mid August before we know anything. I would bet that there is no well spud until mid- late September. we will be lucky to have answers before early December. And the management would never buy this stock!