bad luck or bad drilling

OK stock holders, enough of the guff....I think this company may actually make a $ in the next 2 years however lets look at their performace since listing:-

- Listed 18/05/06.....1st hole - Prospectus estimsted 1st spud 3Q 2006 (thats Oct-Dec 2006)

- blah blah blah blah

- 13/04/07 (Yagua.1 1st spud)- 6mths o/due) Should take 60 days to drill - ie 13/06/07

- 14/05/07- Rig repairs - bugger

- 1/06/07 - Costs over run of 20% to 30% due to drilling problems - bugger

- 26/06/07 - drilling complete - Yagua 1. (good results) - Lucky/nice

- 5/7/07 - Rocket 2 starts

- 7/08/07 - Rocket 2 drill problems - bugger

- 5/09/07 - Rocket 2 still drill probleme - bugger

- 3/10/07 - settle on 1800 feet lateral drill (should be 5000 feet)- bugger

- 7/11/07 - spud of Rocket 3 (2 months late)

- 12/12/07 - settle on 1515 feet lateral drill (should be 5000 feet) - bugger

OK Punters - this company is shooting fish in a barrel and still manages to miss out on the sweet stuff......Maybe that is why the market is reluctant to get enthusiastic about this "could ave been something" stock. Best wishes on your next drill. - no excuses this time.