re: Ann: Notification of Shortfall and Append... Relying wholly...

re: Ann: Notification of Shortfall and Append... Relying wholly on Statoil...as per their website...

'onshore

Statoil will from 1 September 2013 be the operator for the four exploration permits (EP, 103, 104, 127, 128) in the South Georgina Basin in Australia's Northern Territory through a joint venture project with PetroFrontier Corporation.

This is an early entry at scale into over 14 million acres of an immature, but potentially highly prospective play that will be de-risked over the coming years.

We will shoot 2D seismic during 2013 and drill up to six wells in 2014, at which point we will decide whether to continue the exploration.

We will carry PetroFrontier 100% during the initial exploration phase, which is capped at USD 50 million. '

Is there any chance they will reveal the result of ...."We will shoot 2D seismic during 2013 ....."


Up to 6 wells in 2014 ....well hopefully not too late in the piece...though the wet season is upon us......

Here is hoping the very first Well.... shows something good....and BKPs possible conventional oil reserve...the chances of testing that?