back to exploration-analysts presentation, page-5

I followed AED closely after Sinopec bought in and Schlumberger suggested the production problems were well bore specific rather than reservoir.
Finally bailed just before P12 was pronounced non commercial.

In hindsight, I reckon Sinopec paid too much.

The current cash position is not that great when you deduct the Convertible Note debt.

The management track record is very poor.

Best I could say is its a trading opportunity when they start drilling again, 2011 ?