Agm

I attended the agm and whilst the delay with drilling in Alaska is not good news the management was quite up beat they are seriouslly looking at new acquisitions in theGOM. And are very hopeful of achieving substantional oil flows in the near term especially if biv peak comes in also big upside with south marsh which when drilling production well will test new prospect. Basically the management will adopt a very cautious approach to new aquasitions basically must have at least a 40 % cos. They are still up beat on kito but need to clear the air and get extension to lease. These guys have a lot of skin in the game the top 20 hold approx 60%. So let's hope for a great 2017