emerging offshore superstar, page-7

rja - Don't pretend to be an apologist for Breeze. You are right with BPH, though has only been around since late 2004. MMR was listed mid 2006 and looks like it opened at 15c, climbed to over 50c last year and now 30c. You could have done a lot worse during that time.

In any case, PEP 11 has taken on a life of its own with involvement of Talbot for seed capital, Bounty as part player with stake in PEP 11 about to be reduced, Fugro for seismic reprocessing, Pareto for finding a major j/v, Du-el for well planning, CSIRO for ongoing review, RPS and other consultants assisting with environment approval.

After the last six months with many of the pieces being assembled, we can expect the next few to be much more lively.