Ann: Austin strikes Oil in Colorado-AKK.AX, page-239

Seems that people are making the classic mistake between the existence of oil and a commercial discovery. then even if discovery is deemed commercial, to be beneficial it has to be producing more in net cash flow than the cost of keeping the company going.

They have not as yet got a commercial field , and with oil receiving a 9 dollar USD discount to tapis, this well is very much likely to be another well that generates cash more through a CR than actually cashflow
Fool me once - shame on you
Fool me twice - shame on me

Cmon - I absolutely love you pass the parcel analogy. Some of the posts here are synonymous to trying to turn the music louder to help them pass the parcel