attn yogi, page-5

re: gas pipeline agreement signed In all,Enterprise will be participating in the drilling of four wells around the smegsy gas feild.As positions on rig schedules are secured,enterprise and its partners can commit to further drilling activity.Current plans are to drill four additional wells in other parts of the cooper basin in 2006.Should be participating, and drilling,of eight wells by the end of 2006.As of its share price in my opinion its been hammered,but then again, i think its found a base of around 0.045 cents to 0.055 cents.If all goes well into next year, these might be good entry levels in my opinion. cheers