Yes that could be the safe and smart way ahead, to not rush into...

Yes that could be the safe and smart way ahead, to not rush into WL save a few dollars and based on the execution and results from Galoc phase 2 would be confident they will make a good decision. IMO

I don't have any of the facts about how the production is really going at Galoc. We seem to be doing much better as a producer than an explorer!

It might have been wound back as you said Oz to keep a margin of safety up there sleeve. The production curve seems to be almost a flat line as far as decline rate, so might suggest a valVe or two has been closed off a turn or two.

How much cash do you need to generate at once anyway? We have been feeding the fish with it anyway! Can only feed so many fish at a time. Save the money for WL or/and asset purchase. Get 3 sources of income, would look great and then drill a couple of high probability wells, farmed out of course.

It would be a good time for Phil to give a general update to the market about how Galoc production is traveling long term and if we have anything exciting on the horizon as far as asset purchases etc and of course WL.

I don't think that cant be too far away.