its obvious, page-5

Actually Rogar, there has been an ANN from the company since the 10/4/07 ANN.

The following was in the Activities update for the quarter on the 30/4/07;
"Planning continued for the drilling of a well to test the potential of three shallowest upper sand formations at the Grieve field. Approval to drill by the Bureau of Land Management has been delayed and is expected in May. A rig has been contracted and the well will take approximately 7 days to drill upon approval."

So there you have it. Management have kept the market up to date on the delay and expect drilling to occur in May. So they have another week to go based on the advice from management.

Some further background info on the Grieve Upper Sands potential for interest.

"MHA Petroleum Consultants (Denver, USA) have
previously identified the Lower Sussex, the Upper
Shannon and the two Frontier sands as having the
potential to host significant oil volumes. MHA reported
on four of the deeper sands above the Muddy and they
estimated these four sands had the potential for
significant original oil in place volumes and
recommended “testing the best shows in each zone of
interest in two or three wells”."

May I suggest that until the company doesn't deliver on the May drilling for the Grieve Upper Sands as per the advice provided to the ASX on the 30/4/07, or atleast a further ANN on some more recent news let's reserve the comments upon poor management and communication until then.

Regards
Oz