Ann: Derby Block Update & Backreef Oil, page-30

or even better bhutos... a 2% royalty with zero cash.

Just to clarify something newy. OBL are operators of the USG and CSG, NOT conventional prospects. So the operator-ship has a shared component. BOPL is currently the operator of the conventional part of the Derby block.

Just in case you have forgotten, here is a link to the failed FMG farmin.... where it clearly explains the situation. FMG farmin

As for OBL not being able to get cheaper, I disagree, there will be many many more shares to be printed before a drill bit ever hits the dirt.

I think there will be a share consolidation soon, so as to allow them to raise more capital. Maybe 20 for 1..?