more pains, page-7

Glug - you wonder re Lone Star possible motiivations & possible scenarios should they gain control.

1. The obvious & first thing to do is to motivate directors so options have to go to directors sufficient to fire them up.

2 Cash required for great increase in drilling so - say $50 m placement to sophs. at 20 % below market.

3 . The bonus incentive schemes currently applying to directors will need extending to the new board.

Those are some of the obvious things needed to get this thing rolling.