announcement, page-79

I see this idea as having merit Freehold.

Common practice for a lot of gas/oilers to farm in/out. Dont know much about how it is looked upon with the Indonesians though.

In my eyes apart from the June Drilling nothing has changed. The only other point is that there was probably a lack of knowledge by shareholders as to the drilling costs and what funds QPN had for them.

That seemed to result in the sp heading down a a few sold out but the sp IMO has been quite resilient overall to the general market conditions.

IMO what has not changed is the plan by the Board to fund the drilling. Its just that at this stage we don't know it.