key management, page-28

Look at the last quarterly report guys. Question why did Lidsey not export oil in May? If as the reports says it was still pumping why was there not twice the amount of crude sent out in June. The figures given are right for one months production,(Brockham may be a bit low). I'll tell you the answer its simple. 12 months ago the tanks at both sites began leaking. Ken R did nothing until production at Brockham went off due to having only its water tank left. He replaced 3 x 500 bbl tanks with 1 x 250 bbl and 2 x 300bbl. At lidsey he replaced 2 x 500bbl tanks with a 300 bbl tank. Of course what happens now is Brockham runs out of room so cannot take the formation water from Lidsey everything then stops. It gets better,come Jan / Feb if as cold in 2012 as it was in 2011 Brockham will not be able to process the crude because Ken only had heating coils in one of the new tanks instead of at least two which will be required. Great planning don't yer think.