Just goes to show how expensive the DR11/drilling in australia was. If we stay in the US and are able to get these cap rock wells flowing, we should start to climb.
The price at the moment is very very depressing, but I think mgmt are quietly confident, with garner loaning money to the company, and buying heaps of shares a few months ago.
Keeping our costs down is just as important as finding oil.
GL
Ann: TTE 2013 Annual Report , page-7
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