numbers and tea leaves, page-41

Might I also add, being asleep at the wheel on this company, putting the 2P Reserves in the form of how many Bblo you get per share, which really shows value.

Using 375M shares

(1) 8/9/10: 2P = 25.6, 22cps & 0.068 Bblo per share

(2) 29/6/11: 2P = 52.4, 23cps & 0.14 Bblo per share

(3) 13/1/12: 2P = 72.8, 28cps & 0.194 Bblo per share

(4) 28/2/12: 2P = 72.8, 80cps & 0.194 Bblo per share


Congratulations to those not asleep that bought between the 13th Jan and 20th Jan (got best risk/return), likewise the to visionaries at IPO.


Non dilutive growth! A 1/5th of Proven & Probable Bblo (in ground) for every share owned. If that's worth a company paying $20Bbl then you got $4.