we need news, page-18

Revenues for 216 bopd in October = AUD$546,000 or $17,612 per day .

Currently pumping 650 bopd * AUD $80 per barrel = $46,150 per day .

Tie in of third well atm will see around 1000 bopd or AUD $80,000 per day or $2.4 million a month .

2000 bopd next year at around AUD $160,000 per day or
$4.8 million per month .

Mc Cool slotted liner already sitting in the oil and awaiting production testing .

North Yolumne drilled with oil shows at depth and thickness expected pre drill . Production testing underway now .

Reese drill about to spud .

Lots of money coming in now . Revenue growth occuring monthly .

Can't help but feel the sellers are throwing babes out with the bathwater now, as revenue for well over a decade kicks in and grows .