nwe puffin update, page-22

cougar (formerly known as Bounder) is one of the North Sea prospects. Yes, there are many whispers that this might be drilled earlier but so many 'whispers' on so many things never turn out to be the case. If they do announce a drill this year though, watch out...nothing the market would love more than a junior with huge assured income(puffin) and the sniff of a big hit (cougar). It's getting to the stage where you'd think that of you're not in soon, you'll miss the boat...never know but I think those lucky people who took advantage of the stop losses getting triggered last week may have got the last cheapies??