Very good ann, everything about it reads well. New management is...

Very good ann, everything about it reads well. New management is proving well. Its hard to think that they wont achieve further milestones. Go WHN.

“WHL Energy is a far stronger company now compared to where we were when we elected to take up the strategic funding agreement with Bergen. We now have quality farm-out JVs with AWE and Tap Oil in Australia and Ophir Energy in the Seychelles, have received an initial Seychelles past costs payment, have successfully completed the La Bella 3D seismic survey and are now receiving quality information from that seismic survey, are about to participate in a major 3D seismic survey in the Seychelles and have restructured our Board.
“As a result of these successes and the obvious potential of our key projects, we are in a much stronger position financially and structurally. This has resulted in the Company receiving increased interest from a range of financial institutions and we believe it is strategically prudent to restructure this short term debt. We thank Eugene Tablis and Bergen for their support.”