rl and reserves

I forgot to mention in the previous post that having a 15 year retention lease in place with Sexy has to been seen as a positive. We wont have to relinquish any land making us a very attractive target. These guys (sxy) are very active with their drilling and exploration which bodes well for a discovery on planets acerage.

Its a win win. We hit oil, great. We get taken out, better still. look at Chevron's recent deal with Beach and Icon. Same neighbourhood. And there's plenty of majors that have expressed interest in the cooper. I am revising my last take offer up to 50c. lol.

Great things ahead. Somebody talk to me.

Cheers, Benaud