what is the potential?, page-27

Who knows mate, who knows.

Will answer 1 question though well best I can. In regards to the contractual agreements in Brazil I am not 100% sure. But what I can say is if WLR can sell off there part of the leases it would be that heavily discounted they are only gunna come out with chump change anyways for 2 reasons
1. The oil at block 330 has a API of 18, still can make some coin out of heave oil but its hardly premium there for not gunna be a rush to buy it.
2. The operator who controls 60% of the block and is a drilling company among other things cant drill a hole to save there life's.
"ironic hey"
So who would take on the risk and buy our share?? If it was me I would only be offering around $0.10 a barrel which works out to about $1m to us and by the time taxes are taken out you have about enough left to cover admin for 1 maybe 2 quarters. I think the thinking is best leave it as it is because it makes the company look a little fatter.