Ann: Quarterly Report and Appendix 5B, page-17

Hang in there Bobby!

I believe that we are popping out the other side of a pretty average quarter to say the least.

I’m with pumper, in that blue skies are ahead.
It’s still going to be tight but we don’t have too many shares on our register, we are now pumping around 750 barrels a day with good margins due to oil price and aus $. Deals are getting done. Is it really that bad if we do have to raise some cash? I don’t believe it is. We are an up coming explorer/producer. I have said it before that not many start up explorers have a producing asset that can cover some costs. Yes there have been some set backs but we haven’t had one credit raise. Most other explorers would have diluted the hell out of us already and maybe have nothing.

As mentioned by many GAS is starting to gain some interest and if they find a lot more gas there, I don’t believe we will be worrying about money.

Just my thoughts, anyway I don’t think it is all that bad!

GLTA

D