half yearly, page-3

They atre still bullish on Birch 3 - this from teh alf yearly report - perhaps we should not give up on it yet?

"This process has proven to be unexpectedly time consuming due to the fragile nature of the chalky formation. Extreme
caution is required in extracting these fluids to avoid damage to the soft and porous formation. The back-flow of water
and oil includes sediment disintegrated from the structure which causes clogging of the well. A special program begins
this week to swab the well, repeatedly if necessary, to provide for a clear passage for oil and gas.
Due to the several large oil and gas shows that were witnessed during the drilling of this well, the Company is confident
this will be a good producer. As was previously stated this well initially produced a light sweet crude (37-41 api) and gas
at a rate of 800,000 SCF P/D. The size of the Birch property infers the potential for an additional 16 gas wells requiring
pipeline infrastructure for commercialisation".