"Unless companies that are endeavouring to raise capital in this...

"Unless companies that are endeavouring to raise capital in this economic climate have a short to medium term goal to move to production status they are going to struggle to raise the required capital."

Just a quick response to that comment - I thought that they money raised was to go towards the UK field and getting it into 'production' to get cashflow. Doesn't that meet your short to medium term goal?

I'm imagining they should be able to get the wells into production in the next few months once the sale and permits (if any are needed) have been sorted. Don't know how long they need to do work on it to increase it.