drilling schedule, page-35

re: jackson field drilling jan 14 Yes Bonaparte is the big one I agree !

Apparently analysis of 3D seismic survey data results from Bonaparte have been halted while they work on finding potential targets from 3D seismic survey data at their Canadian prospects due to the surprise massive gas find by Shell 1km down the road. We will know what’s up with that shortly I expect.

Interesting to note that a few punters are trying to buy up millions of options at .001 cents. Perhaps they are punting on a big announcement re: Canada prior to option expiration at the end of the month ?

The 9 wells to be developed with new and further drilling over the next 4 weeks are really just developing known reserves to increase production and revenue. I think DLS stated that they were expecting to raise production income from current properties/reserves to $5-6m this financial year. That certainly puts the current share price as undervalued. Earnings before wildcats I like.