I, along with others, am a lessor to Jadela Oil, which has, apparently,just struck oil/gas in Maverick County. See www.jadelaoil.com, then Investor Relations, then their
september 3 press release. Anyone in this forum make sense of all that terminology in that release?
Thanks,
Steve
My family group owns some minerals in this area and have been talking with the company. I have read and not understood the report you refer to. I showed it to a person in the business who I don't know well and who may not be completely disinterested but he said it appeared to have been carefully written to not say very much. I don't know if this means there's nothing there or it looks great and they just don't want the news out. I would be happy to communicate with you privately.
Thanks, K