News Alert, page-40

I'd say something got stuck and is probably the cause of last Thursday's mini dump. But AP could be a master tactician and is probably okay not to release this to the ASX rules as he generally doesn't anyways on operation break downs. If he did may have done more damage then releasing a nothing to see announcement.

The issue starts to become has anyone done the sums of what the actual flow rates need to be at these depth's to make this operation viable. At the moment drilling one well at the rate of 6-7 months which looks to be costing the JV something like 40-50 million for a single well going by the quarterlies.