Thank goodness that Wolf is an appraisal well and not an...

Thank goodness that Wolf is an appraisal well and not an exploration well as some good news is overdue :).

All the news coming out of the USA re the former ADI assets is very encouraging. I recently read that this could be worth up to 20 mbooe to AWE- that makes the takeover an absolute bargain. The 4.9% AWE stake in EKA indicates the faith that AWE has in those assets and that it is seemingly ready and willing to take EKA out- probably money well spent Vs exploration drilling.

The upcoming Moki drilling also has had a lot of positive expectation attached to it. I am not an O & G person but would be appreciative if anyone could clarify the seismic comparisons to the Maari field. The formation looks quite uniform to me as a non-expert.

For now I am now a long-term AWE holder by default.