2011 agm presentation, page-12

Sorry guys,but I don't know what report you are reading,but the report I have just read does nothing to inspire me heading into 2012.

Infill for Bakken.....I thought this was dismissed by Terry as some way down the track.Now all of a sudden its in the program.WHY??.Why wasn't it in the program 6 months ago.We know there's oil????If these wills had been drilled back to back 6 months ago,we could frac back to back now???,and have cash flow coming through by Christmas.

What happen to employing our own frac crew???Terry advised the market he was looking into this???.Market never advised of outcome.OK we know the outcome,hence why we have a WILL still not fraced after 6 months.

We again still have no fix dates.......this is not good enough!!

Bakken,Terry states 3 to 5 months for frac crews.Why have we waited 6 months +???.Again not good enough.Is it 3 to 5 months or 6 months +???

Defender:What was the outcome of the DFIT (Diagnostic Fracture Injection Test).The problems Defender is encountering must of been forewarned by this test???.

Go back to the early quarterly reports,what we now have is nothing what the market was advised back then.

Some state SSN share price got ahead of itself when we hit the 20c+ mark.I don't agree...the market reacted to what was put out there in the market place and the prospect of SSN.

I am disappointed,and I believe SSN management has not delivered on their promises to the shareholders.And yes we have gone from 2.9c to 9.6c (todays price),but all shares at one stage have gone from a low to an upper price.We can look at it the other way.We have gone from 21c down to 9.6c?????.A great result!!!!

"we haven't seen nothing yet".You guys can make all the excuses you like,but I say it's about time some hard questions are put to SSN management.They have had a free ride for 18 months with everyone patting them on the back.They have not delivered!!!imho....

Ship up or ship out...........