Europa Oil and Gas

Yes, Lardy, that's right, and also they have a small asset in Poland, which is being bypassed by the new russo-german pipeline. So if they can just get the cashflow going from Romania, then develop/farmin some of the N sea assets, they may be able to expand exploration in Ukraine and Poland, as well as appraising/developing the shallower gas bearing targets in Costisa, where the deeper targets, now relinquished by Tullow, were non-commercial.

I feel this has more or less bottommed out and we can look to consolidation at/around these levels, or even on to some recovery.