upcoming program

VPE are on the ramp at present and gave details of a potential 12 well program coming up this year.

At 800k per well that is 9.6 mill needed. We are probably good for one well per month on current flows and more when Snatcher and Tigercat get into full production.

The quarterly will give us some clues of our cash position.

The program is very big although skewed in the development way. There has been some changes from original thoughts though as I notice no Tigercat 2.

I like the fact they are drilling numerous Wirraway wells. This is a big part of the fairway with regards to reserves and is likely to be the upside for us in a big way if successful.

The wells are for those who haven;t looked.

Growler 6,7,8,9 development
Snatcher 4,5 development
Wirraway 2,3,4 development and assume appraisal
Spitfire exploration
Liberator exploration Could well be Snatcher
field extension

Being a betting man I would tend to think that there will be more new targets when the 3d assessed but at the present it seems cash flow and development is the order of the day.

Good times ahead