sino market updates due any day now

Reports must be due any day now according to the status report /announcement on the 11th February 2013 indicting the following activities to be completed by the end of March.

Fully funded work programs to be accelerated in 2013 with four drilling rigs currently in the field more than doubling to ten with the addition of six rigs being sourced after Chinese New Year


Sanjiaobei – third well of the six-well program completed with remaining three wells scheduled to
spud from March ( not yet announced )

Linxing East – Last four wells of the eight-well shallow program completed. Dewatering and fraccing commenced on four of the wells, expanding to all remaining wells by the end of the quarter. Exploration well LXDG-01 scheduled to spud this quarter (not yet announced)

RISC independent assessment of reserves and resources currently underway and due to be completed in March (completed & announced 22nd march)


For the record, from my analysis this is a tight team under the leadership of Robert Bearden, being appointed in 2012 who is able to deliver on tier 1 time lines. The indepenent assessment has been completed , bring on the others !

Hope this helps , good luck to all and congratulations to all stock holders