I sympathize with you the sp is miserable, although the fundamentals seem to appear sound, well work overs aren't all that exciting, good for revenue but not enough to get the blood pumping. It was mentioned in the last 6th monthly report that the are in negotiation to farm out some of their Barnett shale tenement to commence drilling in the last quarter of this year, now the significances of this is that it costs around $ 3 mill to drill 1 hole & the Barnett shale is reportedly to have the largest on shore gas reserve in the USA, now this alone would give the sp a kick along should they drill. I also hold this stock & Im disappointed with the sp, but then I look at the fundamentals & they are producing an income which is more than most speckies that drill wild cats 1 after the other & have a high cash burn. I hold to see what unfolds.
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