Ann: Half Year Financial Report, page-134

Some very sensible thoughts there. WGO needing to raise is an interesting one. They are not shy of spending big $ on wages which I’m shying away from. Their relationship with STX also seems tested at the best of times. I feel as if STX will just move to 100% owned acreage if they get too much resistance from JV. Wondering what the JVA states on commitments? Is that available to the market? Guess not.

3D of Trieste cross-over to STX acreage is due soon from BPT. That could also bear some fruit. And by could I mean probably will.

UIL purchase really was great foresight. Their confidence for porosity at depth was high and I guess once you’ve got that, you’re happy days.