For those of you waiting for the lift on the "tight hole status" i say good luck.
However in my opinion that status lifted or not will have very little influence.
If we look at the pounding Oil shale producers are taking given the recent price of oil, i can only conclude the project in TN is not $$$$ worth continuing at this time. if a proven but somewhat costly method of extraction is hurting current producers. One can only assume an "Expiremental extraction project" such as the Elelphant hunt probably doesn't have much value @ $66 a barrrel. Remember all this started with strong oil prices that appeared to be going nowhere but up!
Of course who is going to admit that????? therefore the silence.
still long. no sense in bailing now. Last on my list of interest in my portfolio.
GLTA
FB
GLTA