re: Ann: Garner 1 well intersects significant... Allan these...

re: Ann: Garner 1 well intersects significant... Allan these companies live and die by the drill bit. Their record on that front is Ok but they havent hit the home run. Thats what the money is for.

So you buy in now , your risk is low and if they get lucky with exploration you win. Don't view it any other way, like as an investment, because they need to keep replacing reserves either with the drill or buy them at times like now.

Its always like this with these small cap oilers.