Annual Report

It will be interesting to read this year's annual report to see the true company position and what a horror show 2014 was.

I also came across an interesting document on drilling rigs the other day.

Area 8 of Texas which includes Howard County (SS project) has the highest rig count by far in the whole of the USA - 200 active rigs, whereas area 8A which includes Dawson County (BS & NS projects) has all of 14 active rigs (both as of 12th March 2015).

Which illustrates where the centre of the Permian play is and the fringe area's. 14 rigs spread across several counties is hardly going to add value to Antares lease position. If the company is serious about adding value there, it is going to have to spend some of its own $$$ drilling.

LOTM