there were some good things in the qrtly as well.1. The hedging...

there were some good things in the qrtly as well.

1. The hedging they did is really delivering extra bucks for them. Well done mgmt. People get bagged for bad hedging, but say little for good hedging.

2. The delay in production is always annoying, but to delay production for 3 mths could be a nice earner as we are in a flat gas price period. So why rush into production now when you could get better prices in 3 mths time.

3. It's good to see they have resolved their platform dispute and getting both the oil and gas into production. Let's hope they can think of something to increase the oil storage capability.

They need some luck with Moonshine. Looks like they have gone back to have a rethink of what their seismic was telling them. I really like them as a company, but if they cannot get Moonshine to work for them, will take a lot of blue sky out of the share price.