antares capital raising, page-13

I think this is more about ensuring that their cash reserves are sufficient should the sale of the Permian assets not occuur.

Whilst the recent sale of the Hawkville acreage injected a handy US$10 million into the depleted coffers we must also remember that the Southern Star acreage for the last 3 months had been adversely affected by the area wide curtailment order that was anounced in the last quartely report.

Should the Permian sale not proceed then clearly the share price is going to move south and they will need to continue with their drilling of the Northern Star wells in order to prove that the acreage is viable.

Interesting times ahead.