I must disclosure and informing SH is pretty poor if BKPs...

I must disclosure and informing SH is pretty poor if BKPs position in very clear in its presentations... or isn't highlighted as it should be maybe.

Their presentation of .... makes it looks as though that the convential oil prospect is 'theirs'....6/9/13 though the following report of 16/12/13 leaves it open.

barakaenergy.com.au/pdfs/2013-09-06-073828Territory_Focus__-_Baraka_-_high_res.pdf

"That last point is good news for Baraka which believes
there is strong conventional oil potential located in its
blocks, particularly in the areas of its permits which cover
the Hagen Member geological play. Previous independent
studies conducted by the highly respected Ryder Scott has
highlighted one conventional prospect that taps in the
Hagen which has been estimated to have the potential
to contain up to 47 million barrels of recoverable oil at
the Unrisked Prospective level and up to 374 million
barrels at the Unrisked Undiscovered level.
That latter figure makes it an “elephant-sized
target” and Baraka is hopeful that Statoil will
consider testing it with the drill bit in the future..."

Also this of 4/9/13
barakaenergy.com.au/pdfs/2012-09-04-080305Baraka_Energy_Resources_Proactive_Investors_Update_article_5Sept12.pdf
"Throughout this farm-in period, Baraka will be part of all decisions made, in relation to
expenditures, to its 25% interests in both EP 127 and EP 128. It will also pay for its share of
costs in the permits and the 75% stake it holds in the 75 square kilometre area around the
Elkedra-7 well in EP 128.
"


The project overview at BKP's site makes no disclosure other than the original statement....plus Statoil's deal with PFC..but nothing about BKP giving anything up.

"Baraka commenced a Joint Venture with Canadian based PetroFrontier Corp.(The Operator) in April 2010, where Baraka retained an undivided 25% working interest in both EP-127 and EP-128(approx 2 million net acres) plus an undivided 75% working interest in approximately 75km² around the Elkedra-7 well on EP 128, where previous drilling has indicated oil shows. In fact there have been at least 7 wells drilled on Baraka's permits of which the cores have shown either Bitumen and/or Bitumen Bleed intervals, heavy oil staining and/or oil saturated intervals.

In June 2012, Statoil ASA of Norway (13th largest Oil & Gas Company in the world) subsequently farmed into PetroFrontiers tenements, which includes Baraka's EP-127 and EP-128. Statoil will have the option to earn up to 65% of PetroFrontiers interests in the Southern Georgina Basin in exchange for exploration program related payments and carried costs of up to US$210 million over three phases. "