Ann: December Quarterly Activities Report & Appendix 5B, page-18

Hi saltbus, thanks for the detailed reply. I'm in complete agreement of the above, the lack of clarity is really holding the company back, the economics are incredibly intricate to decifer and it doesn't need to be that way. For example, the $20p.b. production cost, seems incredible, but this doesn't factor in the DOM take, which by my own rough calculations (of past financial reports) puts the "net back" costs at approx $35pb....this is just one of many examples. However, there is no denying that BAS is currently undervalued it's just going to take a couple more QR's for the market to click perhaps. Currently they are trucking the oil to the Pertamina facility as it's more economical at the current rate of production. The facility production capacity is 1100bopd and is being upgraded to boost it further.