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From the MD's section of the Annual Report "Downhole...

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    From the MD's section of the Annual Report

    "Downhole investigation and logging was proposed for both wells to identify the root cause and potential remedial measures.

    This work had mixed results. At Vali-2, multi production logging tool (MPLT) data was acquired, interpreted and is being considered by the joint venture.

    At Vali-3, production from the well could not be restarted and the MPLT logging proposed could not be performed. The well is to remain shut-in as the joint venture assesses the performance and potential remediation options to improve performance of the Toolachee producing zone in this well. Future options for the well include production from other gas bearing zones such as the Patchawarra formation."

    Hopefully an update on our forward plan next week?
 
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