I've been implying that TECO needs to "shut up, p
Post# of 39368
I've been implying that TECO needs to "shut up, put up and then speak" on Ihub since earlier in the year but not always using these exact words. I thought TECO management was suppose to have learned their lesson on Belize's, Madeley's and numerous other false starts when it comes to BPOD. Is the market really suppose to believe 100 BOPD from Wooldridge is credible as stated in the 10Q below. I really hope this is a minimum estimation and the number can only go up since any number below 100 BOPD will be met hard with more attacks and manipulation. When will they learn?
"We plan to commence the drilling of the first 2 shallow Wooldridge wells, which are already permitted, the week of December 1st, 2012. Once the first two wells are placed into production the remaining financing will be available and we will begin the process of permitting and drilling the remaining 10 wells in the project. We expect this project to be fully completed in early 2013, and add an estimated 100 BOPD"