jtrain,
If you did your own research, you'd know that Antares has drilled 12 wells on those 2 projects and therefore holds a certain amount of the leases by production.
Yes production is minimal and the wells will never breakeven (other than 1 of them) but each will hold 80 or 160 acres by production most likely (we don't know the exact numbers because we don't get to see the lease agreements).
I'd be very careful if I was you, because your post is very misleading because they do have reserves on NS & BS.
Dividend income per quarter is currently A$400,000 less than interest paid on the loan notes.
LOTM
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