Agoracom,
Can you provide an update on the 2012 Bengara II drilling program? In September of 2011 management stated that they were working on the 2012 budget and drilling plan and that it would be released when completed. They also stated that drilling of the Muara Makapan 2 appraisal well would be delayed till the first quarter of 2012. Here we are in 3Q 2012 and all the 3D data is acquired and processed yet no drilling is underway? What is the delay?
Although the news released of their expanded interests in geothermal energy and CBM projects are exciting; I am concerned that this company is not focused on their primary mission which is to move from oil and gas exploration into production in the Bengara II block!
Thank you in advance.