John Heugh Co- Founder of Central Petroleum on Gex BOD6 Nov 2025 10:40
About as experienced as they come, and as I stated before he actually approached A H & M W due to the high amount of drills that encountered helium, on the way down not even at the sweet spot, plugged and abandoned as it was oil being sought after not gas. He was amazed no one had considered this and he had pondered on the idea of helium for many years whilst at Central Petroleum. Central Petroleum's new prospectus now states they are to looking to enter the helium exploration and production market.
As for A H lying, if he genuinely thought when he made the comments that he expected to drill in December and then it didn't happen due to unforseen circumstances, one being the worst flooding in 80 years and another demand from DEMIRS for a 2nd environmental study due to an enlarged license / drilling area it's not actually a lie. A lie would be deliberately saying something with no intention of ever carrying it out, if it happens later it's not a lie just the timing is wrong, something we have all done even if on a smaller scale but do not class ourselves as liars when that happens, we just got the timing wrong.