Ann: Offshore Accra Contract Area Six Month Exten, page-4

re: Ann: RIA: Offshore Accra Contract Area Si... Coops,

You appear to be excited about todays announcement with your thoughts about drilling another well. Not many others on here are as optimistic about the Accra Block.

From todays announcement:
"..The six month extension will give the joint venture additional time to undertake a thorough review of the data from the Starfish-1 well... Tap considers there is possible evidence of residual oil in the primary and secondary
targets which may provide support for an active petroleum system in the block...The Operator, Ophir Energy,
continues to work on the existing lead and prospect inventory.."

Clearly TAP hasn't given up as yet on the Accra Block and Ophir are continuing to work on the prospect inventory.
Still I wouldn't be surprised if TAP exited the project or at best reduced its stake to lets say 5% or so (it would be great if it was free carried? - my thoughts only).