“Today we stand with an excellent liquidity position sufficient to execute our 2010 drilling program,” chairman and chief executive officer Floyd Wilson proclaimed to analysts on the February 1 operations call. Management also anticipates turning free cash flow positive (operating cash flow less capex) come 2012.
Wilson gave a similar speech in May 2006. Can he deliver this time around? Read More >….
Editor David J Phillips does not hold a financial interest in any stocks mentioned in this article. The 10Q Detective has a Full Disclosure Policy.