Ann: Quarterly Activity and Cashflow Report, page-242

Stonehorse Energy
Fortunately in a few days we will know if David Deloub is going to be re-elected and allowed to finish his strategy of multiple investment in Canadian Gas,NGL and condensates.
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If he is not then they will have to find someone , and i cant see them finding anyone who has the experience David Deloub has unless they recruit from Canada.

December 6 monthly report..
Stonehorse energy should have received payment for production of the first of the two Canadian wells by the time the 6 month December report comes in and by estimation this will be around 750,000 to 815,000 AUD compromising 2 months of Certus production and non of Gryphon.
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The March quarterly should be stronger as this will now include the Gryphon well which started production beginning of January.
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Later on the year we should see confirmation on Stone horse Strategy with more wells announced and hopefully this should increase investors confidence in stone horse elevating the share price.
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Lets hope he goes for 3 sets of wells.