whats the verdict???, page-21

drilling for oil is not guaranteed..its always a long shot punt that takes multiple attempts to find success .

i got into NDO because they have the resources in cashflow to keep looking + drilling for new oil without constant CR and dilutions.
after a few exploratory drills and some minor expenses
eventually we will have to concentrate on production growth thru the development of WL + Galoc North to sure up future cashflows.

all is not lost because of 1 dry hole in a small target,
I look forward now to the SC63 drilling in june which is the real big prize, perhaps the SC63 will be our motherload .