re: Ann: Exploration permit status granted of... We will...

re: Ann: Exploration permit status granted of... We will probably have to wait till seismic is done on the tennemants before we see an effect on the Share Price.

So we can expect the following within the next 'year':
1. Update and possible drilling on the UK tennemants, to expand production
2. Work on West Songo Songo (has to be done under exploration agreement/licence)
3. Work on Italy offshore ((has to be done under exploration agreement/licence)

Guess that classifies as 'soon' :)

Question is - where is the money going to come from to pay for the Seimic to get done? How much do they normally cost? I would hate to see them farm-out to early, but suppose that would help!

Anyway at least it is something positive for once. It might just lift the mood in the stock room from depressive to just sad...