g12m0, while on the surface, the wet gas has been slow to...

g12m0, while on the surface, the wet gas has been slow to progress, the farmin by STO has ensured that the pace is now quickening. Even in PEL 106 DLS/BPT are going to drill 4 wells this year. Lots of wells in PEL 101, plus the Vanessa discovery in PEL 182. I think critical mass will start to build over the next 18 months once results and production from PEL 513 start to show on the books. A rising gas price would also be nice too I agree.

Fair points Barney. As for possible premiums, if they are willing to pay top dollar for AUT, with zero prospects of ever being more than it is now, well. I live in hope that the numbers will please even the most stubborn of holders.