Ann: Drilling of Zapato-1 exploration well commenced, page-228

I have full confidence in AP and the board and expecting 2 big announcements shortly: Independent Resources Assessment of Alameda and Marti oil zones of Alameda-1 and the road map to production, which when announced IMO will dramatically change the current share price. Patience is required.
All spec stocks are high risk including MAY and to all the negative posters: no one is holding a gun to your head, if you can't handle the stress or risk, the answer is quite simple: sell and stop carrying on like bitches and stop whinging.
For those who are holding these are the facts:

• MAY holds 30% of a combined 119 million barrels of Prospective Resource (100% share, un-risked mean estimate)
• Alameda-1 yet to be announced Prospective Resource for Alameda and Marti oil discoveries due shortly
• Road map to production due shortly and could be producing in a matter of months
• Block 9 - other prospects
• Australia - Beehive prospect free carried being drilled 2023
• Australia - Tassie Shoal Methanol Project
• Australia - Turtle & Barnett oil discoveries/prospects
• Australia - Turtle & Barnett oil discoveries/prospects
• Australia - Turtle & Vesta oil discoveries/prospects
• Rising oil prices and likely to continue
  

Things can change dramatically in day all you need a is a good announcement.