Posted On: 11/15/2013 1:21:14 PM
Post# of 39368
Agreed Sunnybank! A bit of DD; TECO sold the 28% for Mitchell #3 and #4. I think they received $230K? Thoughts are it's better to use the capitol on the upcoming projects at 75%. Bull and a partner are going to start their own W. Texas operating company under TECO and then TECO will see 100% NRI's. C&C Petroleum will have all remaining TRRC issues cured and that bond will be used for a newly named operating company or so I was told.
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