Ann: Thailand Asset Sale Agreement , page-27

It's hard to see where Loyz Energy Limited are going to get the US $33 million down payment from.

Here's their web site http://loyzenergy.com, if their going to do a capital raising there's no mention of it anywhere. Private placement to institutional and sophisticated investors maybe a option for them.

If it all falls apart Carnavon has a 40% stake in field producing 1200-1400 bopd with plans to ramp up production to 3,000-5,000 bopd, not a bad place to be. (Reference: http://loyzenergy.listedcompany.com/newsroom/20140303_065607_594_F7D6EF8472B9520648257C8F004CB883.1.pdf)