Ann: 2015 AGM Presentation, page-2

"Collapse in global oil prices"
When your not producing oil, I dont think the price matters that much lol
"While farm-out discussions have not progressed as quickly as we hoped, we are encouraged by the ongoing interest in the project despite the weak oil price environment."
Who would have guessed that they dont have any interested partys ...lol
Same old lines in every announcement
No word of how they plan to save money...a cut in directors fee are a must now with the share price tumbling more