#they are very close, and very probably likely, to prove up...

#they are very close, and very probably likely, to prove up considerable 2P reserves from their Cameron tenement.

#They have recently announced 1250PJ 3P from their with a contigency for an additional 750PJ. I think that speaks for itself.

#They have solid interest from major players with shell and arrow each holding around 15% (total ~30).

#Assets close to infrastructure and can be realised quickly.

#They also have some excellent acreage up in the North, Dingonose and Duckworth that they are exploring ar present and are expecting reserve statments from those in late 2009.

#After 31 Dec you can probably expect around 130m shares on market due to option conversion. There are quite a few to be converted.