best and worst scenarios, page-4

"The WHL Energy data room closed towards the end of the December 2011 quarter and the Company commenced
commercial discussions with potential partners to secure an acceptable farm-out for the Company. WHL Energy has
continued those discussions.
The Company has also received unsolicited interest in its Seychelles acreage and those discussions continue." Directors Report Interim Financial Report 31 December 2011.Released 13 March 2012.

"The WHL Energy data room closed during the quarter and the Company commenced commercial discussions with potential partners. Discussions with potential farminees to secure an acceptable farm-out for WHL Energy have continued subsequent to the quarter and the Company plans to update the market with the outcome of these discussions when it is in a position to do so.
The Company continues to receive unsolicited interest in its Seychelles acreage." Quarterly Activities Report. Released 25 January 2012

As there has been no further communication regarding these activities, on can only assume that these discussions/negotiations are continuing. Hang in there.