Ann: Indus enters Term Sheet to acquire New Era Oil & Gas, page-10

Sentia717, What I know is that the most influential figure of the company decided to resign last year. He got a very big surprise as he thought he had us by the short and curlies. The pain that the company and its shareholders have endured during his time has been appalling. 

If Jonathon Whyte didn't commit himself like he has in the past 12 months we would have nothing.

In very difficult circumstances and with limited funds he and the new Board have continued to search for an opportunity to give some potential value back to the holders. The length of the search provides me with some confidence as there would have been plenty of offers that would have detrimental to holders of Indus and provid an easy exit for the Board.

I am expecting the experience behind New Era is where the value will be as you have also alluded to Sentia.

Early days but the name might be prove to be quite relevant.