CHAIRMAN’S COMMENT
“The disposal of our Alberta Plains assets in the September 2023 quarter added valuable cash to the
Company however the shut-in of the Anshof-3 well in Austria and ongoing production issues in Canada
have impacted the Company’s revenues for this current quarter.
The Board is acutely aware of the difficulties our existing portfolio has and we are actively engaged in
securing new projects for the Company that we believe will generate new interest from our shareholder
base. We are of course continuing to review our existing assets and looking to optimize any return we
can deliver to our shareholders.
A OIL PRODUCER, page-41
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