Here is that...

Here is that report:

http://www.qpnl.com.au/media/files/QPN%20Report%20Insto%20290312.pdf

Quoting, interesting parts (pls forgive if any of this has already been covered in previous posts):

"Auctioned in 2011, exploration acreage onshore the South Sumatran Basin was contested by the oil majors of the world. Lead by Saxon Palmer (ex BHP exploration manager Asia Pac.), Quest is among those winning applicants, Santos their neighbour.
There is reason to see the potential for solid upside in this stock, given:
• Market Cap is low ( 2.039 billion shares on issue )
• Advantage of being an on-shore gas explorer: cost advantages in terms of existing infrastructure and exploration costs
• Prospectivity of the South Sumatra Basin: Santos is a neighbour to Quest. Santos does not look for projects with small upside.
• Potential for further exploration permits: Quest has been able to negotiate more favourably than Santos in terms of after tax profit splits. This underscores their bargaining expertise in the area and investors should consider the potential for further exploration permits the Quest board may acquire."

Cheers,
Pandelis