Ann: Otto to participate in two onshore Gulf Coast wells, page-82

I have responded to your point re the enhance permit being standard practise on the BYE thread.

I guess the PANR price rising 200% in the past 6 months might suggest something else .....

Interesting thought process you investing in oil if you really do think current high prices are an aberration. Personally i believe hydrocarbons will be required for the foreseeable future as those in emerging economies chase a western lifestyle when combined with a lack of CAPEX in the O&G space i cannot see prices decreasing in the short to medium term certainly long enough for PANR to hopefully monetise the talitha and potentially other finds .....