Does sound like BYE is very close to getting on with it. Once they get the approvals to drill SM 71#1 then I'd expect a farm in announcement to soon follow.
SM6 well is ready for production and waiting for the taps to be turned on.
This was also of interest -
"New Ventures
At the time of Bill Sack’s appointment as a director of the Company, on 3 October 2014, Byron advised that it had entered into a one year exploration option agreement (“Exploration Option Agreement”) with Aurora Exploration, L.L.C. (“Aurora”) a company associated with Mr Sack giving Byron the option to acquire specified exploration projects from Aurora on terms disclosed at the time of Mr. Sack’s appointment. Since then, Byron has reviewed the specified exploration prospects under the Exploration Option Agreement. Byron is currently in the process of securing leases over one of the projects, a multi-play prospect in Louisiana State Waters/Onshore Louisiana."
BYE Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held