Ann: OEL: Winx-1 Drilling Update, page-338

Hi April, when IW2 didn’t gush, that left only one strategic path, regardless of the steps to assessing leases or drilling anymore wells, and that was what to do to raise cash for the works to be completed and how do we get it in the bank. There are only 2 ways to get funds, CR or Farming, short of a sell out of acerage.
The real conversation after the disappointment of Winx is about DAVE and Bod now demonstrating quickly a clear path to fund further work. There positioning of the market over a very long term was a farmout so the doubters are now calling the Bod out other are more kind and patient.
Hope this helps.