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Ann: Quarterly Report for quarter ended 31 March , page-16

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  1. 6,736 Posts.
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    re: Ann: Quarterly Report for quarter ended 3... $3.5m needed for Lidsey #2Hz well
    $3.5m cash at bank as at 31/3/10
    120 bbls/day from Brockham according to announcement on 22/3/10
    Presumably exploration & administration costs should have returned to more normal levels this quarter

    Will production income be enough to cover expenses so that the $3.5m can be kept for Lidsey #2Hz? My expectation is that it will be enough, but only just.
 
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