Still not much to address the reservoir quality issues that came up from the first Judith well. If we are to get a farm in partner (Big “if” at that) that doesn’t dilute us to oblivion this will have to be addressed completely. First commercial gas is 4-5 years away mostly likely so there won’t be much tolerance for uncertainty I bet. that’s all assuming we meet the license requirements and don’t lose it in the meantime too.
I also guess a capital raise is coming up? Past capital raises have always hit the SP badly so hopefully this doesn’t happen again!!
Ann: Positive initial results of AVO Analysis 3D Seismic Data, page-10
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