Ann: Voluntary Suspension, page-9

Yeah , at a quick glance what a monumental f up. To me this was always cash positive except for a few months when oil dipped negative and management always spruiked how this was an excellent field and it was producing , something doesn't add up here. If it only cost 10 bucks a barrel to produce then why has this gone under. Why would you spend money to get a greater working interest only to turn around a year later and say sorry we went bankrupt but the whole time say , it is only costing us 7 or 10 dollars to produce a barrel . HMMM