Ann: Trading Halt, page-83

Think your right Andy. The CR surprised me, the logic in timing is fine. Annoyed I hadn't considered the possibility. The timeline to next drill isn't really that far and slots firm. Final results from shutin will give a kick fingers crossed, ?.?TCF.

3.2c fine, amount between $20-25M to cover the 3 wells, current reserve of cash for operations, seismic interpretation funding, contingencies.

The CR might mean no takeover this side of the 3 wells unless Minres is forced. The companies are sharing, unlikely unfriendly TO would occur, so both seemed to have agreed on the medium term future of separate entities I suspect.

No one expects a CR. Just like the Spanish inquisition. The future and SP will pickup after this dent, world politics and energy source issues will hang around. Resource and prospective from 2D seismic hopefully doubles the current endowment.