Ann: Prospectus Closed , page-9

Hey Meerkat,

from the latest Hartley's in June

"The Company is expected to have steady newsflow over the coming
months, including: reaching the primary target of its Chernetska well in
August, an independently certified 2P reserve also likely in August, spud of
an additional development well at Sorochynska in late Q4 as well as strong
cashflow from its current production well. We continue to rate Hawkley Oil
and Gas as a Buy with a price target of 66cps."