doing nothing, page-2

Pablo. I don't agree that management are doing nothing. They are very active trying to position the company for the next leg up in the POO, which is close at hand.

I have met John Begg and he is now based in California. They have cut overheads and are now cutting some leases.

Confident that at US$60 bbl they are making good money with positive cash flow. Remediation of NSA well that is underperforming should now be finished, hopefully with better oil flows.