What the hell, page-32

g12m0, while on the surface, the wet gas has been slow to progress, the farmin by STO has ensured that the pace is now quickening. Even in PEL 106 DLS/BPT are going to drill 4 wells this year. Lots of wells in PEL 101, plus the Vanessa discovery in PEL 182. I think critical mass will start to build over the next 18 months once results and production from PEL 513 start to show on the books. A rising gas price would also be nice too I agree.

Fair points Barney. As for possible premiums, if they are willing to pay top dollar for AUT, with zero prospects of ever being more than it is now, well. I live in hope that the numbers will please even the most stubborn of holders.