BYE 11.6% 6.1¢ byron energy limited

True to form and avery predictable post from you. I agree you...

  1. 9 Posts.
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    True to form and avery predictable post from you. I agree you can't be sure at this early stagewhere the G4 well will stabilise but early indications are very positive andyou should at least acknowledge this rather than continually findingways to critisise the company.

    Given you don’t ownany BYE shares I’m not sure what your motivation or agenda is in posting onthis site. It’s interesting and ironic though that you own OEL shares, and thecapital distribution you will likely receive, in the near future, is mostly dueto the success of the SM71 project which Otto, fortuitously, farmed into andwhich was leased, mappeddrilled and developed bythe Byron team and the Byron team alone. The same Company which you continuallydenigrate.

    Just for the record,and so that it’s not forgotten, the SM71 project has now delivered over 4.7 million barrels of oil and 5.6 bcfg withplenty more to go. I don’t know how the SM58 project will ultimately compare but,so far, it has produced 8.6 bcf and800,000barrels of oil. Giventhe continued good performance of the E2 well, 600 barrels of oil per day, the very significant development in theG1 well which is now an oil well producing 340barrels of oil per day, and climbing, and the very encouraging initial 654 barrels of oil per day in the G4well and the G6 ST1 production still to be revealed, I think I’m more thanhappy to hold my shares and back the company.

 
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