the truth is out there, page-14

I sold out of Petrofrontier the day before it ran up 35% :( on what I believe to be hype .

At least I managed to get all my money back which is nothing to be sniffed at .

Decision to sell was based mainly on experiences with explorers which don't have the capability to operate themselves and thus control their own destiny .

I'm facing a simmilar decision with Falcon Oil and Gas which declined Statoil's request for an extension to the farmout process on the Beetaloo sub-basin and is now trying to negotiate a better farm-out .

At least Blue have made a commitment to operate conventional oil prospects themselves .