Facts from D . Wrench, page-97

In light of what was verbally said at Euroz, I am deeply surprised no formal update has been provided by the company. Perhaps the entire crew sat on a carpet on top of the LC-1 and was last picked up by satellite images flying across the Nullarbor heading towards the Margaret River singing my version of "Let it flow"?

Come on DW, some update will be nice - especially interested in the Klebb 2 and 3 as I suspect those 2 wells will be configured closest to what the ultimate production wells might look like.

Off topic: I took the plunge on BPT this morning having watched its wretched fall from 1.80. Also looking at a few others - plenty of good shopping opportunities out there I'd be damned if OPEC allows the POO to fall below US55-60 level. Even if they don't intervene, there is now clear evidence of a decent drop in new drilling permits for shale wells. The sharp decline from existing wells will start to bite into the supply side within the next 6-12 months. This sudden 40% plunge in POO should also inject about 1.5 to 2% into global GDP growth, which should in theory help rebalance the demand side of things.