Personally I didn't think it was a good report.
BOA#12 was disappointing to say the least.
I was expecting a minimum 150 bopd from all the hype that had been put out about the devonian etc and had been hoping it might even make 250 bopd from all formations comingled.
That 640 acre block, to me now has little real value.
So I'm not surprised by the poor share price performance.
They really need good results from all of the pre christmas wells to move the share price higher and increase the value of there current leases.
LOTM
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great progress report, page-6
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