Hopefully drilling in Toondulya starts soon. Looks like they...

Hopefully drilling in Toondulya starts soon.

Looks like they have intersected some promising formations in the intercept hill drill. Guess will see with assays.

The Pantheon invetment might bring a little attention to the stock in the near future:

? The JV’s Woodbine target is a gas condensate play. This makes it correlated to the oil price as the associated liquids usually trade at par or a premium to the crude oil price.
? The JV believes its acreage may have the potential to host a similar size field to the AA Wells Woodbine field.
? Importantly, activity appears imminent with the planned Kara Farm #1 well to test the Woodbine expected to spud in 2012, possibly as early as September or October 2012.