wake up and don't be fooled again, page-2

For about 4 yrs now, if this well was completed as stated, was fully comissioned, as stated and was ready - why waasn';t it flowing?

Apparently, the well was even economical at a gas price of just $2.

And apparently there were problems.
So were there problems, or was it completed?
Which is it Directors?

Either it is flowing at 5mmcfpd to market now - or it was once - which is it Directors/management?


I see a big desperate web being woven.
Loose lips sinkl ships - and this latest claim may well be the smoking gun for those of us who do beleive that the company has been less than honest with their reporting for the l;ast 4 yrs.

It makes me think that right now, given the companies announcement today, that many think the company is producing from this well at 5mmcfpd.
Is it? Or is it just hooked up and was flowing once, several times over several months (for maybe 10 minutes at a time once a month!!)

So right now, if the company doesn't send 5mmcfpd to market from here on, then what will be the reason why? What will be the excuse?

A few things to share:

I once asked the company what comissioning ACTUALLY was - and what COMPLETION actually entailed.
The response i got was somethiong like this - i'm not sure its not so easy to categorise, its a lot of things that i am not an expert in.
I then asked what the difference between comissioning, completingh and clean-up was.
Again, and no exaggeration here, i got zero definition. As a lay person at the time, i assumed (yep, pure assumption that we all seem to rely on with this company) that 'completion' was about hosing down, removing troublesome cementing, cleaning the hole itself, the pad itself etc etc BUT i did not get an answer and hence i did not get any definitive idea of where one well in 'completyion mode' was at, as compared to another that was in 'comissioning mode'.

And so i invested blindly based on spin IMO.
IU asked the hard Questions and was fged positivity and promises over the phone, most of which was recorded.
I recorded myself asking questions at the AGM too and the answers that were given, so as to refer to them later in case i fogot them. So i am totally clear on what things were said and what was pitched to shareholders live.

Now it is a long time later and still, nothing is showing up at the Utah Oil and Gas Inventory, yet the company again says it is in production.
So where is the gas going and/or why are Utah Oil and Gas searches not revealing the said gas flow of 600 thousand feet pd?

The comany asked for more money recently - they got less than they needed and so they said they would extend the placement due to having more news at hand - and wallah, today there is anouther announcement about more gas, which cannot be verified on the Utah Oil and Gas Inventory until a month after it has flowed to market - by that stage the Cap Raising will be over and if you took up the offer you did so without seeing the UTOG inventory data, which could for all we know, not end up being 5mmcfpd from this well - just like before.

This latest round of announcements DOES look staged IMO.
Ie, todays anonucement does look convenient and not incidental to the Cap Raising.

I'm utterly sickened by the inconsistencies surrounding this company that place it in a continually ambiguous light, when the ASX and ASIC are supposed to ensure clear and accurate reporting.
Shareholders could even employ a Private Investigator if they were keen enough to get to the bottom of the investigations. A factual investigator will sift through alkl the data and paper trails, correlating what wells were claimed to be shut-in and whether or not they were simultaneously supposed to be problematic ones or suffering from hydrate issues etc and would help you all untangle this web of weird reporting.

Then and only then would one be in the picture, despite the ASX and ASIC obligation to ensure that via the law.


L