happy times ahead, page-15

Don't think you have read this;

The Companys operating portfolio of some 235,000 km2 includes most of the available prospective acreage in Central Australia, including the Pedirka and Amadeus Basins.

The Pedirka Basin is contiguous with the well known producing Cooper Basin, and in most part shares similar geological objectives.

The Amadeus Basin is a proven hydrocarbon province, with the Mereenie (oil and gas) and the Palm Valley (gas) Fields currently in production. This basin is under explored by any measure, having had an average of only 1 exploration well drilled per 5,000 km2. Even so, the success rate of over 4 million boe discovered on average for each exploration well is twice that of the Perth or Cooper Basins, and many times that of the Surat Basin. It is important to recognize that the structures in the Amadeus, while being testable by relatively shallow wells of less than 2,000 m, appear to be numerous and some as cited by the Independent Geologist are very large indeed.

I can only see potential.