Ann: OEL: Winx-1 Drilling Update, page-252

Hi guys, don´t want to repeat what many others wrote today - yes we´re all hit by the unsuccessful Winx.

But this is not what makes me angry. I am really angry about the fact the we as shareholder have to take all the risk of these drill projects and not the 88E mgmt.

I mean I wrote it already last year, DW is earning an annual salary which is comparable to my bosses boss. The difference is that we have annual revenues of 500+ mio with 10% margin based on real operations.

I mean if 88E completely fails with all the Icewine potential, if everything becomes a duster then DW can say "That was not nice!" but does he need to feel pain? No, certainly not. He makes good money out of it - independently of being successful or not. And sorry guys, that cannot be!

And it should be clearly expressed at the upcoming AGM imho.