GLADSTONE GUARDIAN: Cromwell’s Stock Prices Rise!
Cromwell’s stock price rose for the first time in several months this afternoon. After the announcement of a “pragmatic scheme for partial utilization of gas from their proposed Discordia development for electricity generation in the immediate vicinity of their oil field in Discordia's Block 77. They will still be flaring about 90% of the gas, but the provision of electricity will now most likely make their development more acceptable to the local community,” notes oil economist, Peter Wilkinson.
With the rise in price, Cromwell can turn its full attention back to negotiating a contract with the Discordian government.
Results of the contract negotiation are still outstanding and the people of Discordia await the outcome expectantly and with great hope.
Friday, February 20, 2009
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