information

I thought I'd share some information with all of you.

Did you know that Antares is using Big Star Oil & Gas LLC as it's operator of the Southern Star project as well as being it's 25% partner in the Big Star project??

I would expect in due course that we will find that Big Star Oil & Gas LLC is also the operator used on the Northern Star project as well.

In the AGM presentation by Antares on 25th May it said on slide 16 that current Southern Star gross production was 700 boed.

However here are the real figures for you to digest - gross oil production for the month of May was 9354 barrels of oil or 301.7 bod, compared to 11228 barrels in April.

Gross nat gas production for May 46.005 MMCF or 1.484 million cubic feet a day = 247 boed, compared to April's production of 46.234 MMCF

Add the May figures together and you get daily gross production of 301.7 + 247.3 = 549 boed

Aprils daily gross production was 630 boed.

Antares net production for May for Southern Star was 178.5 + 137.25 = 315.75 boed

Anyone like to comment??

LOTM