production declining-jan figures just out, page-3

Actually not too bad of an announcement. Revenue was up because of the increase in the world oil price (which has no sign of cooling off with war against Iraq almost a certainty), and production is currently flowing at over 360 barrels per day - an increase in the January flow rate. With known deposits still untapped the downside in this share surely must be minimal - I would certainly rather be in a producing company in times like these rather than just an explorer. This company has a share in a large recognised deposit and an increasing cash flow to boot. Hard to see production doing anything but increasing in view of new wells to come online within a few months, no way I will be selling my shares for anything close to current share price........