Just looking at the anticipated news flow in the next fortnight...

Just looking at the anticipated news flow in the next fortnight the possibility of an absolute bonanza windfall for holders would appear to be on the horizon.

Firstly if all has been going to plan we should have news on Monday of the the Wheeler #1 Olmos well. The well tested at an initial production rate of 220 boepd and should have been put to sales through newly constructed production facilities during the first week of July. Possibly some additional flow rates as well.

Also on Monday we have the refrac of the Hoskins #1 Olmos well which if we get a result will lead to a 30 well campaign to extract potentially 3 mm BOE from the Olmos field.

Bearing in mind as agent has pointed out the neighbours have a proved 4mm BOE and are fast turning the neighbourhood into swiss cheese.

Moving right along to Tuesday we have the frac of the Peeler EFS 1H well which has an additional frac stage added to test the Austin Chalk adding a potential pay zone to an already prolific area of production.

Re the drill ann of 28/05 " Good oil and gas shows were recorded from the Eagle Ford –
comparable with Texon’s third and fourth Eagle Ford wells"

The fourth well flowed at 1562 BOEPD IP and add the Austin Chalk into that and we could have ourselves a monster well.

Given all this operational activity is occuring while the EFS acreage sale is being negotiated in the background what result for shareholders?

We already know we have a mimimum of three interested parties in negotiation maybe more who will be following these reults very closely.

A good news flow could result in a flat out bidding war to finalise the sale process.

I fail to see how this could negatively impact the share price.

My final thought is one of gratitude to those who sold down to me on Friday afternoon, thank you very much whoever you are I now have my fill and look forward to the next few weeks as a holder with intense interest.

A good weekend and good luck to all holders!

NB Position is actually screaming buy