Valued Partner, Though things have dried up some, there remains a little difficulty in reaching the site. However, things are plugging along. Our site manager is making trips to the site on a four-wheeler almost daily, and he continues to push the Parish to get out and fix the roads. So, on to the next [...]
Valued Investor, We have received the results of the gas report! You can see it by clicking this link: Sabine Parish Phase II Gas Report We know that you may have some questions, so we urge you to call the office at (469) 917-1777 and ask for your Senior VP. If you're not able to call [...]
Partners, The gas tester has been out to the well and has successfully taken the samples. We expect to have the results in 48 hours or less! This is great news and we are appreciative of the way the weather is finally cooperating! We'll update the portal as soon as we have the results. Stay tuned!
Valued Investors, We have not been joking about the rain! Even the local law enforcement is feeling the rain pain. There was a recent report on the Shreveport news about the amount of rain they've had in the region this year. In fact, as of last Tuesday night, Shreveport had received 9.21 inches of rain [...]
Valued Investors, We just received some photos from our field manager's visit to the well today. The roads are still impassable and he was only able to get to the site on an ATV. We're hoping things will dry up soon so that we can get the gas tester out to the site. In this [...]
Partners, More rain in the Parish has pushed the gas tester's ability to get to the site and test and evaluate the gas, yet again. We cannot express how frustrating the delays are for us, so we can definitely empathize with you! We are expecting a few dry days in the latter part of the [...]
Valued Investors, The weather in the Sabine Parish has finally cleared up enough for our crew to get out and check on everything. We are pushing to have the gas tester out tomorrow, which would mean we would have the results in a day or two. We will keep you posted!
Investors, Here is the latest update report on the well progress. Not much to share other than we'll be on track as soon as the rain lets up.
Partners, We received an update on the next steps for Phase 2 from our partner over at Alpha Resources. First, the gas will be tested for purchasing evaluation. The gas tester is scheduled to go out tomorrow, however, there has been over 10" of rain in less than 48 hours in the Sabine Parish. Portions [...]
Valued Partners, We wanted to give you a little insight into what the drill teams have been dealing with this particularly rainy winter season. Our CEO took a trip to the well and got a photo and a video of the roads. He is traveling with the head operator who has a fairly burly 4x4. [...]