Ann: Participation in Onshore Exploration Prospec, page-16

re: Ann: Participation in Onshore Exploration... UT, operator on the well is Castex Energy, Inc. and Castex also currently have two other wells in progress just north of the Marathon field with Apache. At a guess results are probably a few weeks away but drilling to date looks to be on track from the weekly Sonris scout report. The private US coys just get on with business, the Jeanerette well is on the flanks so if successful could lead to other targets but too early to tell and better to be cautious, there are always delays even if drilling successful before actual production commences which is the main aim.

I had a look at the Marathon Field wells, some impressive numbers and plenty for me to catch up on. Coy has cash and current production so no show stopper if not successful.

Cheers