Hi @Charlie'sbucket There was very little talk on buying up...

Hi @Charlie'sbucket

There was very little talk on buying up assets, rather it was more related to discussions with CRPC regarding 'opportunities' on their books that would be appealing to REL. He indicated that he couldn't go into detail about those at this stage, so I couldn't say whether those 'opportunities' are potential assets to purchase.

Furthermore, whilst REL (soon to be Gasfields) are California focused, they are not just limiting their options to that area. In my mind that is sensible, otherwise if REL are only considering one option, and if the parties they are bargaining with sense that REL are pinning all their hopes on the one option, then it is harder to negotiate a good/better deal. If REL are only able to see one path ahead, then we run the risk of falling headlong again like we did on the failed Tulainyo well, but perhaps never getting back up.

Regards, Grasti