Revenue held back from production as a result of the...

Revenue held back from production as a result of the amalgamation of lake assets with the
operator, Sanchez Oil & Gas, has now been paid out to Otis as shown in the attached
accounts. Net monthly revenue for each month of the quarter averaged approximately
US$53,000.

I think you all need to read the activity statement especially the above.

Very very poor result and no where near cash flow positive as the $273K is for three quarters not one, as money from the Lakes second and third quaters last year and all areas september quarter, unless I missed somewhere on the quarterly report where the lakes money was shown separately

And the SP show what people think of this poor result

DYOR