Ann: Successful $75 million Institutional Placement and SPP, page-138

Tooter,

While we are on the topic of you making things up, I thought I would send Strike a message to see if I could iron out some of your misconceptions. Below is the answer I got when asking if STX were wanting to farm-out part of South Erregulla.

SN: "it would be far more dilutionary on a NAV per share basis to farm down SE than drill it alone. You also farm down either when the subsurface risk is too uncertain or the costs too high. An onshore well as part of an overall campaign is de minimis against a $600+m mkt cap and no one knows this subsurface better than us at present.....layer on the control of the gas and when and where it goes and we have rejected engagement by many on entry into any of our Permian Gas Fairway permits."

So, I would kindly suggest you stop making things up as it doesn't do anyone any favours, particularly your buddies at WGO.

I see the sun is out in Aberdeen tomorrow, best you get out and enjoy it.