no dst #2 report today....odd!, page-9

ete quarterly OK, first of all I'm confused by the finance stuff. I'd appreciate it if some accounting type (OMR ?) could help. I can't tell whats happened to the loans flowing into and out of Entek.

Oil production looks like it will start next quarter - about 30 bopd from their 28% of Coolum, about 30 bopd from their 12.5% of Mirage, and about 10 bopd from their 12.5% of Ventura.

Added together, this should mean about 70 bopd, which should be worth a couple of grand a day net free cash flow.

I wouldnt get that enthusiastic, but they'll be worth keeping an eye on once they definitely go cash positive.

Ian Whitchurch