aquisitions, page-2

Hi Sharpedge. I hope NXS is running the ruler over AED but I also hope they consign it to the 'too hard' basket for now. It's just too hard to figure what recoverable reserves they really have got at Puffin. It seems to be a complex field. I suppose if the price was right and NXS had the management resources available it might be worth the effort eventually, but they (NXS) have now got a lot on their plate with Longtom, AZA & BMG development, and Crux + near field prospects now looking like a bonanza unfolding. I'd just be happy if they'd take the time to optimise the Longtom/BMG fields and push ahead with the Crux (almost certainly bigger than originally expected)liquids development. Then I'd like to see the various exploration wells drilled. They need to start dragging some cash in (ie: develop their projects) before a bigger predator lines them up to grab these reserves. With cash coming in they will have their pick of opportunities.