I was at Agm and thought it was positive. I haven't read the...

I was at Agm and thought it was positive.

I haven't read the presentation yet.

They will be starting production in June. They think the pumps will be installed in September. They are capable of 5000bopd but not trying for that much. They will firstly see how it produces when production starts and then see again when the pumps are installed.

The sidetrack for U3 isn't very far at all and would have huge benefits if successful. About $2mil cost. If succesful would go into production quickly i think.

UFW will be produced from but in the short term only if the sidetrack doesn't work. If the sidetrack doesn't work U3 will be used as a water injection well.

They might be looking for a farmin partner to drill multiple wells.

Also now have a Northern gasfield which could be as good as or better than the Eastern Fields.

These are just my thoughts on what i heard but accurate i hope.

Hopefully the cash starts rolling in soon and the share price reacts