Count the successes this year. Count the failure
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Count the successes this year. Count the failures. The only real failure was the McComas well and it is intended to be reworked and will probably become a successful well even in this quarter. As for the successes, there is the Mitchell #3 and #4 and now the Mitchell #1, and the Brown should be in production this month as well. Of course, the SJ#3 is still in the process of drilling, but it is probable that that well will pan out to be successful since the company has had two positive test for oil. So, the successes far outnumber the failures this year. And it was only this year that the company made significant changes to their business plan. Stay tuned for more positive successes. Shares are cheap, at least for right now. Get Ready!