Ann: Half Yearly Report and Accounts, page-9

  1. 3,190 Posts.
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    If you take a look at the Oil puddle on the map of Wessex in our EP, you will note that it extends into the next door permit. I think that the holder of that permit has seismiced that puddle and we are going to get a bonus from their work. We did our seismic work closer to the English coast and that had our group excited on its own.
    So I would not under any circumstances relinquish the Wessex permits as I think that if our neighbours are going to drill this any time soon and they hit that Black Stuff then I believe that there will be no worries to get a Farmin partner to drill our bit at a good percentage for us.

    Some of you blokes are far too pessimistic.
    The company is progressing all of our permits as fast as they possibly can
 
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