Suppose no point in reading this report.... I would have liked...

Suppose no point in reading this report.... I would have liked to have read one last quarterly. I love reading how companies manage to spend shareholder money while generating nothing in return and failing to deliver yet another year.

$22 million paper dollars spent? How many holes were put in? how many surveys conducted? how much gas produced?

$1,000,000 to for accounting fees? $1,3 million the year before? (Note MGX: $250k, AJL: $500k, Santos $2.1M)

$800,000 on travel and accommodation is staggering given the number of employees the company has. The Singapore office should have been shut. How many times were people ferried around the world when a teleconference or Skype would do? I'm sure they were all flying economy and staying at simple budget room at the premier Inn.

Half million on office supplies? thought we were downsizing? Tough times, narrow the focus?

Looks like DTE gave redundancies to a bunch of people in 2013, then essentially re-employed them as consultants in 2014? Not sure, but that's the picture this report paints to me.

Love to see the executive team getting a short term incentive this year - around 25% bonus. Not bad! Well deserved boys well deserved - you really did...um...what exactly in 2014?

Anyways good riddance. I'm glad someone, anyone else is running the show now (granted in 12 months I'll probably be complaining about them too and have to eat my words). I hope IGAS manage to hang on to the international assets for a while but shut down all the unnecessary spending and get rid of that Singapore office. Hopefully the two companies can share much of the technical knowledge and evaluation to cut down on the consulting and legal fees.