response to asx query, page-21

Have to completely agree with business8. If CTP as operators of the well didn't know within the first few minutes how serious this was, then I will eat my hat. I work on rigs and anytime anything unusual happens, the company man is straight on the phone to the guys in town.

Also, from what I heard previously about the drilling contractor from other older heads in the industry, they are one of if not the most inept out there with equipment long past its use by date. The events on the last three CTP wells seem to back this up.

The management is a joke. The only reason I hold my options is in the faint hope of some competent management coming in the future. It is also a reminder to myself never again to fall for fairy stories.