Ann: Tommy Lakes and Montney acreage sold for A$12 million, page-112

Yes, I think the is just to continue to produce O&G from the projects in place and pay us out dividends-probably be reduced next year going forward to 7-10% pa ..build up some cash reserves...for years in the future add a new project to keep the FCF flowing ... not flashy but keep themselves in jobs and wages and S/H paid enough twice a year to not vote them out ..

From half year>>
"Our capital program is strategically designed to sustain production at approximately 4,000 boepd, affording the Company the flexibility to allocate resources towards delivering returns to our shareholders while maintaining a robust balance sheet that allows us to capitalize on evolving opportunities."

P/E will stay low ... unless mgmt can show us real growth in EBIT + 2P reserve growth