Ann: Return of Capital to Shareholders, page-64

worth noting SM71 was down for over three weeks during the period so that’s the best part of $1m revenue while presumably some one off corp admin (mikes golden parachute) were expensed so expect a $1.5m delta before hopefully some cost cutting measures are implemented.

this being said the new CEO needs to cut HO fat with a big old for sale sign out the front and no new activities planned we don’t need VP exploration and senior commercial managers - can cut the best part of $1m per annum just in those two jobs going. OEL as non operator save for SM48 which it won’t do anything with - we don’t need 13 FTE sucking the teat.