russian gtl, page-21

Bigal

I should have said net operating profit of the US oil business unit should be up this quarter mainly due to

1 OIL PRICE

but also potentially due to

2. PRODUCTION INCREASE

If there is an increasing net operating profit for the US oil business then that will result in improved revenue figures for the parent because revenue increased more than operating costs and this cash surplus is then subject to any favourable conversion on currency.

Revenue for clean energy business unit should also be up as and when Linc does UCG studies (in this case for the Abramovich group) as these are done as consultancy fees I think I read in an earlier linc newsletter.