Ann: Operations Update , page-3

It really does look like it might have been cheaper drilling a new well by the lenght of time it has taken.

They lost 15% of there share price because they didn't put out an update last week - totally unacceptable.

Yes it really is looking quite good, hopefully they have enough data to know roughly what they have found even if this well can't be finished properly.

Looks like they may just try and complete it next time by running casing in instead of a liner and hanger which is going to be more expensive, However they obviously think there is enough probability of success on this high impact well to do so.

They use the words "thick section" to re-confirm what they thought pre-drill and consistant gas shows even when they are washing, means it must have some permability even through wet sands.

This could be a fab investment. I wonder if they have the funds to buy any more of the prospect?

LOTM