Having been in this stock, unfortunately for some time, I suspect this is just another P&D. They do not seem to do much of anything, no reports, results, nothing. It does not take that long to drill a well today. "If" there were any oil or gas they should have found something by now. Any hope I had for this stock is gone..
I have friends who have big positions and won't sell any. I heard they are ready to drill multiple wells and have their own drilling rigs now. These people don't ever blow their own horn or release info if they can help it. They did 2 separate seismic surveys on their cooper basin leases.