where next, page-52

R15, on "the movement behind the scenes" I'm giving giving the benefit of doubt to our mgt based on what we can see. There have been some hurdles thrown in that needed attending but they appear to be clearing now. Despite the hurdles we are still cash positive. The recent presentation said

"Further drilling opportunities targeted by our disciplined testing and exploration program:
o Napoleonville Salt Dome: Louise Development Well targeting 600,000 bbls oil to be drilled 1st Qtr 2014
o Further exploration targets at Abita and West Klondike
Also:
o Grand Gulf is presently generating monthly net revenues of ~$450,000 ($5.4m per annum)
o Self funded for exploration and development

How it all will fit together is interesting. Remember the original farmout ann said Desiree & D&L3 were excluded from the farmout. We can work a few scenario's from what we have now. 2014 should be a good year.
All opinion only
GLTA