Nope, my opinion is still exactly the same. Incompetent and...

Nope, my opinion is still exactly the same. Incompetent and over-optmistic.

I see PL mentioned we'd get an increase to 21% in Cotton Valley announced 'next week'. Well the interview was on the 30th November, so surely that means on the 1st-7th December we'd have had an update?

Oh, wait...we didn't.

1000-1500 bopd from 2 wells in Texas is a joke, expecially when Crest have said they're going to run the wells at 320 bopd each to preserve well integrity. More over-optimism that only leads to shareholder disappointment.

PL reckons the helium survey will be complete by the end of January. Fair enough. But then he goes on to say spudding in February. That would represent one of the fastest rig mobilisations ever seen. Frontera in Georgia take 6 weeks to mobilise their rigs. Why does PL reckon he can do it in 2 or 3? I'll eat my hat if a well is spudded in Georgia in February.

And Puntland mobilisation in March/April. I can remember this time last year, when PL said exactly the same thing!