what are they spending the cr money on?, page-92

Hi DJ

If some think we have woes, a glance at VIL and ADX today will make our holdings in the Permian look real good.

The Sidi Dhaher conventional well was drilled about the time we started our Permian drilling, its taken them almost 8 months to get a rig to test it and its come up empty.

In that time frame we have drilled 4 Permian wells and two conventional wells (one of them dry)plus have been in talks for months and as you say we have production increasing.

Its comforting to know when you drill a well it will have oil and gas in it, that the infrastructure is close and you don't have to wait months for a Rig.

Things are tight with the lower oil prices but we are producers and we sit on land we know can produce a lot more.

It's unlikely we will be revisiting Faussie Point anytime soon.

Cheers Whisky