re: dls a good buy rather than a punt One of the things DLS has...

re: dls a good buy rather than a punt One of the things DLS has going for it is producing assets both in Australia and Canada. They might not amount to much but at least there is a cash flow from them. Now it is about to own a couple of offshore oil fields which DLS bought for form OMV because they were better suited to a junior that a company with OMV's spread of interests.

So buying into DLS is not a punt on an individual well eg Moby or Magnolia but a going concern with revenues and other assets. Not a bad play in my view.

Gone of the boil a bit lately because of lack of news but that' s OK by me, good buying opportunty.