gas on trend, page-11

At this stage I reckon we should take at face value what OEL told us on 19-03-13, since they were formally advised by BHP and it was a legally binding announcement to the ASX by OEL.

So forget about BHP dragging their feet on expenditure for now, the 19-03-13 release states they're still committed to drilling the well and the holdup is local approvals.

If that's not the case, then BHP and/or OEL have misled the market. I'll take it as correct for now.

So on Monday, I'd like some clarification on why the local approvals aren't being granted, and the JV's next step from here.

It is possible there's been no progress, as per Ozgems call to the Co.
However I cant see how OEL can remain on suspension any longer under ASX rules posted previously.

Perhaps relisting OEL and the ensuing price action will tell us more about SC55's future than OEL/BHP or the Pines media.