Ann: BPO clarification on comments by Otto Energy, page-10

re: Ann: BPO: BPO clarification on comments b... I'm quite impressed with how OEL is trading - Not the dip I thought would occur.

The strong cash on hand certainly helping - & after shut should still be around the 30m mark - Pretty damn good to me

Still looking like SC55 is getting further away - See following article - No direct date just later in the year - Gives a snap shot of what managements up to as well.

Once galoc comes back & gets cash rolling should be looking good - new leases & galoc looking to be close together

I'm still watching


http://www.platts.com/RSSFeedDetailedNews/RSSFeed/ElectricPower/7106930