Hero of Xerox had a good find,
Sam Willis who I mentioned before is the MD of New Standard Energy who just announced to merged with HFC.
HFC Sam seems to have aquired some acerage in the Canning Bassin with the potential to hold several hundred million barrels of oil. (See todays HFC announcement).
It would seem likely that Sam, also being a FUT director and senior adviser for Cygnet, would also find a project for FUT with much upside.