pattos report, page-23

You say we failed miserably, I say we found live oil indicating a possible new oil field, heaps of deep coal and a lot of confirmation that there is more out there.

Put it another way - are you more convinced that CTP has prospects worth pursuing than you were 18 months ago? I am.

If we have to pay up a CR for CTP to complete Surprise 1, rather than a JV and splitting it with them, at least all the profits (if they occur) come back to those of us that paid for it.

That being said, I don't know if I can or would buy in to a CR. It all depends on the terms and my personal situation at the time.