good find VENDRON.I particularly like the success rate."During...

good find VENDRON.

I particularly like the success rate.

"During 2010, we commenced drilling or participated in the drilling of 313 wells, of which 225 were completed as producers, one was unsuccessful and 89 were in various stages of drilling and completion at December 31, 2010."

There was very little sell off even after the price query because I believe she is still too cheap. Hopefully we can have some success in these initial wells to be drilled in our wolfberry targets as we will need cash down the track. Also it is important to note the following from the last announcement.

"Target is currently in negotiations on a number of other potential US asset acquisitions and will inform the market of any further developments in that regard."