I got it wrong when I guessed that the Bank senior debt would be reduced ahead of the IMC loan .No problem there-we are sweet with the banks at this time for sure without knocking the senior debt down.
We will get an explanation of the 30 June Bank situation vis a vis our then booked reserves and the indication by HZN of a favourable reserves situation seems to suggest a healthy addition to reserves as a result of the recent acquisition of additional
Western province licence areas.
Western gas development, page-3
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