six month financials to dec 2010, page-2

After talking to people on hotcopper i realised i was making the same mistake as you.
I now realise that
drilling is a total waste of time and money for an explorer
the best strategy for a company is to pay everyone huge salaries and sink loads of money into admin
To be a success in the eenergy sector the last thing you want is energy so avoid trying to find it at any cost
One of the most important things is not to develop a drilling program because if you do you might end up drilling
If all else fails your fallback is the weather, remember it might rain, it might get hot or it may be dry and mild all reasonable excuses not to develop a drilling program

So until you get those fundamentals sorted in your own mind you will probably end up wasting your money investing in a company that finds gas, proves reserves through agressive drilling programs like arrow energy and queensland gas did