Ann: Quarterly Activities & Cashflow Report, page-12

I'm thinking SM71 production will likely begin in earnest about early to mid Nov. Business in the area for the oil industry is still a bit slow....so that can happen if the stars align - or close to it. My rough calcs are that OEL can pull off about $1mil AUD a month net (maybe a bit more) after costs and taxes etc for their share....Likely show up in the March qtr...I could be wrong though....Then the POO could push that up a lot, depending on world circumstances, or push it down a bit lower - depending on majors production rates and OPEC trying to play by their rules. Very hard to call a value on oil companies. It's a lot more complicated now.