the latest, page-7

Agree Mr Muzz! - I have also called the company, but as a top 20 shareholder you have much more pull.

I suspect you will be told that the delay in drilling it is because the contract work they have under taken is behind schedule.

I think longer term this is a reason to question why take on that type of work as its an obvious potential risk, if the future of IMP is tied to hooking up a large volume of low risk wells, then I'd like to see them stick to the knitting and focus on exactly that and not be distracted by short term contracts off core business.

It would be good to learn why no movements in acquisition, I'm thinking that although they have a line of credit and that can be used for acquisitions it would be based on having the acquisitions pass certain hurdles that the bank will have put into place. So I'm wondering if these are just too high and nothing they have viewed to purchase can clear the hurdles, or have the hurdles been raised higher given the credit crunch. Overall my concern here is with the credit crunch when the current finance arrangement comes up for renewal it will get very hard to get the next one.

Cheers

Dazzler