Ann: Appendix 3B - Issue of Employee Options, page-12

If they can get someone to buy in and fund a wildcat in the canning they deserve all the money they make. Odds of selling down risky, unconventional acreage in the second most expensive country (less expensive than Angola but more expensive than Norway) ... Buckleys and Nunn. In my view the canning is dead - until oil's at 100/bbl. let's hope that's sooner than later.

Cambay the only legit chance to monetise resources in the next few years- need capital raising before a drill though. Let's hope our director with cairn energy connection was not wrapped up in the gas prices Scandal and we still have a path to market.