RE:RE:RE:A few thingsCheers bakoguy! I hope that the almost complete changeover in operations management and Board of Directors in the last year will prove to be good for us long suffering shareholders. Here's what we've seen happen: 3 July 2014 - Max Murray is hired as the New Zealand country manager, replacing Randy Toone (who I had hoped would bring some serious market cred to TAO's operations when he joined TAO, but who returned to Canada, landing with CSV Midstream Solutions in Calgary); 11 February 2015 - Garth Johnson and Drew Cadenhead submit their resignations (I was neither here nor there on Johnson, but am not unhappy to see Cadenhead move on...imho, it was some of his obfuscations in conference calls that may have caused short term spikes in TAO's share price but long term damage among the analyst community and to TAO's share price...and it was him overseeing a couple of major cockup drilling fiascos that ate up a lot of TAO's working capital and decimated the share price); 17 February 2015 - in the third quarter results, it is announced that Brad Holland would be joining the TAO BoD; 12 May 2015 - Frank Jacobs is appointed COO; 1 June 2015 - Toby Pierce is appointed CEO; 16 June 2015 - Henrik Lundin joins TAO's BoD; That's a lot of new management skills that have been brought on board and, I've got to hope that this new talent is an upgrade to the TAO team. That leaves the material assets you were referring to...still pretty much the same aside from the drilling faux pas. I'm looking forward to seeing the annual financials when they are released next week, to see what the current working capital is, what the current production is (although that can be inferred from the latest Corporate Presentation), and what the next year's Capital Program will look like (I did not like the Capital Program in the 3Q results released 17 February 2015, although it may be a dose of reality for us TAO shareholders who had East Coast lottery ticket dreams: Revised Capital Program (CDN$) Operation Budgeted commitments *Revised commitments* *Description of Revision Sidewinder operations $ 4,500,000 $ Nil Partner or relinquish Cheal Development drilling 18,000,000 14,500,000 Postpone some work Completions and side-tracks Nil 3,000,000 In lieu of planned drilling East Coast Basin drilling 19,000,000 Nil Partner or relinquish Seismic and other technical 5,000,000 Nil Partner or relinquish Kaheru-1 drilling 20,300,000 Nil Postpone Deep Well 15,700,000 Nil Partner or relinquish Cardiff uphole test 3,000,000 Nil Postpone Total $ 85,500,000 $ 17,500,000 ) Good Luck to you, and to all of us TAO longs.