progress report, page-8

Neil,

If you read through their reports on previous wells they have never reported oil showing, they wait for flow rates. My guess is that they will soon tell us that they have reached TD, and hopefully an indicative date for fraccing. So although the wait for news is long that is what you get with these guys. I don't have a problem with it as long they are consistent and truthful about their reporting (which they have been).

Agree, very cheap at the moment. Best to look at this one in terms of fundamentals and future earnings rather than the shareprice.