Ann: Quarterly Activities and Cashflow Report, page-23

I enjoy your posts Alexis.

I have been a big fan of Warro. Held shares during all the Warro drilling and testing trials. Huge letdowns, plenty of gas and water but no commercial flow.

I’m quite sure Warro is not going to play any part in WBE’s glorious near future. With the PC government we currently have the bureaucratic hurdles to doing anything in WA are too high. Whilst there are claiming to being open to let fracking happen in certain areas, you can bet they are giving their supporters a sly wink and saying that oilers need to get a permit to do any fracking. There is no avenue set up to even apply to frack a well yet.
But no matter, Canada though oil prices are low at least business can be done and the cost of all things oil and gas is about half of what it is in WA.

Of interest. There was an interview with Messina about the Rex oil field discovery released on 22 January, video which I viewed at the time. More interesting was a interview on the 23 rd (no video, just speaking) where he spoke of how quickly they will be able to monetise the Rex oil field. He spoke of drilling the next Rex well as soon as the work of tying in this one was completed. He also spoke of 1019 being a great year for shareholders as they will drill wells (plural) and they had a good chance of getting production up to 1,000 bod.

Both interviews are available on the WBE website.

Looking good.
Cheers

Saltbus