"CORPORATE At the end of the quarter, the Company had A$808,000 in cash available to fund its ongoing leasing campaign and for general working capital purposes. In addition, the Company has commenced discussions with Oklahoma Energy Consultants, Inc. to expand the Anadarko Leasing facility to provide further leasing and acquisition liquidity. The Company has a further ~US$1.8 million available via the US$3.5 million Drilling Joint Venture to fund drilling and completion costs related to as yet undrilled non-operated Working Interest leasehold wells."
ie, its funded for the drilling, etc, but not its general working capital.
expected cash outflows 505k
Ann: Brookside Increases Anadarko Basin Holdings by 30%, page-34
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