BYE 6.78% 5.5¢ byron energy limited

Ann: SM58 G6 BP01 Well Logs Pay in the L2 and N2 Sands, page-98

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    I'm struggling to understand that sentence without punctuation, but if I'm interpreting correctly: you're attributing the superficial to lower than expected rates. If so, then sure - everyone including myself can see that. Attributing those rates to a project being a failure is a different beast. I do not for a minute accept that.

    Sure, results haven't met expectations, but that does not mean that the seismic or the field is not quality. In most instances they have intercepted high quality sand where they have expected it. Their drilling success rate is exceptional. These are complex formations. I'm playing a long game, as are management.
 
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