what kind of ride is this?

Here is a quick breakdown of the last 18 months:

Total
Exploration and Evaluation $1,517,000
Administration $1,609,000

31.12.2013
Exploration and Evaluation $257,000
Administration $234,000
Highlights
RANAU PSC Seismic Data reprocessed
2014 Work Program & Budget approved by SKKMigas

30.09.2013
Exploration and Evaluation $184,000
Administration $219,000
Highlights
RANAU PSC Seismic Data Acquired and being reprocessed
2014 Work Program & Budget submitted to SKKMigas

30.06.2013
Exploration and Evaluation $251,000
Administration $285,000
Highlights
RANAU PSC Land Purchase Agreement signed for Prabu1
Ranua PSC SKK Migas Work Program being finalised

31.03.2013
Exploration and Evaluation $221,000
Administration $286,000
Highlights
RANAU PSC Land Purchase MOU Signed for Prabu 1 drill site

31.12.2012
Exploration and Evaluation $297,000
Administration $312,000
Highlights
RANAU PSC Drilling Approval Received for Ranau PSC
Land Access Agreement near completion for drilling at Kayumanis-1
Kayumanis-1 Prospect target potential up to 59mmbbl or 340Bcf gas
Expanded Production Strategy and Strategic Partnership

30.09.2012
Exploration and Evaluation $307,000
Administration $273,000
Highlights
RANAU PSC BPMIGAS approves Kayumanis-1 Well AFE, Work Program & Budget
Target Spud Date for Kayumanis-1 Well set for December 2012
Kayumanis-1 Prospect target potential up to 59mmbbl or 340Bcf gas

My simple questions are the ones I asked a year ago:

What is the work program? Used to be BPMIGAS, now different one for SKKMIGAS.

Can we get a breakdown of what is involved in exploration and evaluation?

What happened to the highly prospective Kayumanis-1 Prospect which we put our capital in to drill?

At current cash burn rate will there be enough money to drill? We have been told it is relatively inexpensive, then how can it be so expensive for just exploration and evaluation.

How does the company justify not using the land purchased for drilling when cash flow is limited? Did they know when they submitted the Ranua PSC SKK Migas Work Program that they were already looking elsewhere? Should this not have been disclosed, as they were working on it between June 2013 and September 2013.

This is one merry go round I want to get off. Does anyone else feel this money has been well spent. I fear for the worst as there is no corporate body that can audit a company or seems willing to, bar the ATO...

In another 6 months another million will be spent, given the time frames for a drill we are at least looking at 6-8 months before anything happens.

Please someone put a positive spin on this