Asset Play, page-5

mad max, you havn't done your research. this is an unconventional O&G play just like the permian basin, the area is saturated in hydrocarbons, hence undeveloped lands sell for $4,500 per acre. Less than 2% have been unsuccessful and have been due to technical reasons, our drilling team are among the most experienced in the region, we won't have technical issues. For Stein this is very simple stuff, he's used to drilling high risk $200m wells off the coast of Africa not proving up asset values. I assume Stein is in Canada at the moment showing the locals he is a serious player now he has 100% ownership and serious Aussie capital.