With the recent tone of the board, that next NR better come sooner rather than later. Shareholders with time on their hands are starting to ask questions MEO mgmt may not want asked.

Sunseeker, your stats highlight some of my previous concerns. If any more money needs to be raised, and MEO reduces its ownership, the postings may get real nasty. A good NR of well perforance from the Copper Ridge for five wells, an increase to $1 per share, and raising $10mil is only ten million more shares, not a 50% increase in the outstanding shares, or owning 10% less of the Morgan County properties. 10% of 1,000 bbl/day @ $130/bbl is $4,745,000 per year. MEO just gave away 20%.