Great news. This guy that has managed to do very little over the last few years, who (apart from the the cut & paste quarterly updates) hasn't updated the market as to what has been going on. We have a new discovery with good oil and gas shows, but there has obviously been some holdup with the board/management level. Given the lack of love shown in this announcement, we can read between the lines that the problem was him.
Hopefully we start to see some progress from here.
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