eastern star gas in talks with potential asian, page-81

Hi Buddy,

I agree that an income item should show up

There is a line for "Proceeds from Farm-in Contribution" but not much in it - only $39k

They are capitalising their exploration and evaluation expenditure and they aim for "Ultimate recoupment....."

I am still making enquiries about this issue - it seems STO can just continue being passive

To provoke STO will need a dramatic announcement from the "Asian" quarter

Lets hope for a good one



Cheers