Ann: Appendix 3C - Announcement of Share Buy-back, page-5

re: Ann: Appendix 3C - Announcement of Share ... The price they pay on market, is set by various parameters is it not? like average price over the last 5 days etc

As I said in my last post, I thought a buy-back was on the cards.

They have not gone for a big buy-back to start with at least.

They actually used the buy-back after the Eagleford sale as a method of propping up the share price for the next few month's.

Looks like they are maybe going to do the same again this time.

So I'll stick my neck out and make a prediction about this weeks announcement.

They will announce the purchase of some new properties, there will be some current production with it but not enough to get people excited at this stage together with quite a number of "blue sky" leases to.

LOTM