Ann: Plan to Drill 5 Wells , page-12

G'day acorn. Please refer to page 12 of the 2010 AR re reserve certification of 626. Re flow rates. Previously announced that the flow rates that have been achieved were only half of the required amount for certification. That is why they continue to drill looking for that "sweet spot" and they believe that the new technology that they are using with the next two wells will help. If they can double previous flow rates, there is no reason why they cannot get certified reserves of nearly 2TCF. So, while Stanwell keeps paying the bills, let's just keep drilling and keep hoping (yes, you are right Mav, that's what this game is all about, drilling and hoping).
And one would have to be foolish to totally discount a takeover of ICN
Potentially very valuable assets and small IC and small MC. But, all I am saying is that I can't see it happening anytime soon, at least not in the next few months and I am only saying that we should not focus totally on a T/O and just enjoy what ICN will be doing on its own behalf in the coming months.
If a gorilla WANTS ICN (and that does NOT include BPT)they WILL most definitely get it, but, let's enjoy it while WE own it.