Ann: Shocking 1 Drilling Update , page-10

Hi ESPINSIGHT,

You asked "What chance of a SXY T/O?"

IMO we are at least 18 months away from talking takeover for AQO.

We have the right man in charge. Tino has been there and done that with Stuart Petroleum.

http://www.adelaidenow.com.au/business/tino-guglielmo-to-spearhead-ambassador-oil-and-gas/story-e6frede3-1226189923664

The first few wells in our program are ideal in terms of short term cashflow for the company. Im sure Tino planned it this way with the assets we have. Success here will improve the SP over 30c IMO.

The real fun begins with the unconventional gas play at PEL570 in the Cooper Basin.

Im in for the next 12-18 months and will then access where AQO's at.

Im hoping we may be closer to $1 by this time.

GL to all holders.