Ann: Operational Advisory and Enercom Conference Advice, page-8

buc they can have all the best projects in the world in their portfolio but if they can't finance them to get them up and running they are useless to them.

TB needs to keep up the pace with his current small portfolio to stay above the waterline. In 2010 he had $74mill cash and nearly 5 years on they have only 500boed production. Can they keep up the pace ??

Good luck