Was this company presentation aimed at others "in" the oil & gas industry? If so, I believe that they wouldn't be talking too much about farmin progress so that they don't scare off any potential newcomers. I also think they were advertising their wares to the big boys and the more "out there" about WHL, the more liklihood of attracting interest in all shapes and forms from every part of the world.
I would hazard a guess that this presentation was like all other small exploration companies who presented at this event. No need to tell anyone if or how close they may be to farm in negotiations in case it hinders any potential offers. JM thoughts.
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