Gonzarella,I would say no. However, we are fast approaching the...

Gonzarella,
I would say no. However, we are fast approaching the sharp end of the Nen story so it is a time to be more observant than we have in the past.

But when you stack it up against the following it is a spectacular play.

1. Has the project been derisked- more so than any other I have been part of
2. Is the 2D & 3D good - excellent
3. Is it a true wildcat - no it is in a known and proven kitchen of oil and gas. The defenition of wildcat is "The process of drilling for oil or natural gas in an unproven area"
4. Any evidence of oil- Yes BHP drilled in the 90's and gound a column of oil. It has become evident that they did not drill deep enough
5. Is the 3D data indicating other plays - yes and has identified other prospects
6. Does the data derisk the project further - Yes
7. Is there a substantial gas play - Yes there is a layered play for gas, identified from the 3D data
8. Is management good - yes they are and thaey have kept to their strategy and are not fly by night management
9. Is the farmin partner a proven performer - My word yes.
10. Is there a better project that has been derisked and has identified oil and gas in a proven area - IF THERE IS CAN SOMEONE PLEASE TELL ME