general thoughts..., page-7

Sav-J good post, I am in favor of almost anything that gets the drilling going quicker. PXA/BG have the cash, just not the intent, so happy to see them go. I fear though that they will continue to play cat and mouse, push CTP to the limit before giving in, its far easier to frustrate from within, and the extra cash they pony up will protect what they have already spent. ROG has been of assistance but is too light on for cash to provide the support we need. Though if BG stays and ROG goes do we go back to the do nothing stalemate we had before xmas.

While we can put some of the delays in the hands of our joint venture partners, i think CTP management has to also take some responsibility for the failure of CTP to progress. CTP is not a new specky, it is has been working on this for over 10 years. The drilling programs for the last couple of years would have to be considered to have provided a poor return on investment. Hopefully they have the data, people and money to do what needs to be done,quickly so we all can move on to bigger and better things.