Ann: Commencement of Drilling of First Development Well- Mustang, page-9

Couldn't agree more, if we get these 2 producing at 200+bopd then we will be absolutely flying with production compared to Q1. We should be generating US$1-2m per quarter which is more then enough to secure some debt financing to drill further development wells without further dilution.

Just have a look over at HE8, they are talking about a $1bn company over there and here we are sitting at a measly $15m! If they are considering themselves as Aurora then we are certainly the Eureka which was a $107m takeover by Aurora (albeit we have more upside still being very early on).

https://www.news.com.au/finance/business/eureka-energy-rejects-107-million-takeover-bid/news-story/3770ac712ae2599ba62600b3dbda1917

As previously pointed out Neville Henry/Peter Allchurch were apart of both Eureka and Aurora, he and Peter Allchurch have also been apart of HE8..

https://www.asx.com.au/asxpdf/20181217/pdf/4418vyfmkl19j7.pdf

Same office in Houston and in Perth...very easy to connect all the dots, will only be a matter of time before we see an influx of people taking profits in HE8 and jumping over this way as a cheaper entry. At 20c we are still only at $107m MCap, 1/3 of where HE8 is currently!