M;For my part the same basic problem hasn't changed. Check out...

M;

For my part the same basic problem hasn't changed. Check out Page 17 of the AGM Presentation. Says plenty, IMO, about what the troubles really are. The 33% success rate lately relies on 2 "sucessful wells" that brought 1.3BCFE to the bottom line. Cross those out and remember that PSA, in that same time period, elected not to participate in two very successful wells. The issue, to this observer, is a G&G problem.

P