On 23/01/2013 Linc Energy released an announcement on the ASX...

On 23/01/2013 Linc Energy released an announcement on the ASX spruiking an independent report on the Arckringa Basin noting that "Unrisked prospective resources for unconventional reservoirs in the Arckaringa Basin have been estimated by Gustavson to be 233 billion barrels of oil equivalent (BOE)"

and

"The conclusions presented by D&M and Gustavson are consistent with Linc Energy’s view that
formations within the Arckaringa Basin have excellent resource play potential..."

and

Peter Bond, Managing Director and CEO, said, “Linc Energy is committed to delivering the best
outcome for the development of this acreage and maximising value to shareholders. The best
way for Linc Energy to do that is to bring in an industry expert with the know-how and funding to
drive this asset forward to production as promptly and as efficiently as possible.”

Now that asset is being flogged off in the classifieds of a newspaper...