performance options, page-23

1
WHL plan to .....COMPLETELY.... farm-out their
Seychelles project, completing 2D and 3D
seismic and firming up leads ready for drilling
in 2013-14.

DEFINITION REQUIRED.
all areas / fairways.not sections .
become a minor holder and concentrate on their strengths OZ and africa somewhere, with a better share of the proceeds.dilution ahead/royalties,liberty petroleum etc.

part 2

“With the farm-out of our Seychelles assets,
we want to make it clear we are not ‘losing
the farm’ so to speak. We will be using our
farm-out funds to move into more prospective
locations and to build value. As an emerging
mid-cap we have to move fast and play to our
strengths.

could answer previous question

'to move into more prospective
locations and to build value.'

now we have a tangled web indeed.lack of updates but ANNOUNCING THE COMPANIES future intentions and plans VIA news articles.

WARNING WARNING.reality check on its way.

the SEYCHELLES now looks like a low return play with all the divestment to so many players.
grab some cash and find better fiscal returns ventures.

wg