orion shares, page-15

Lindo,

Very interesting news from ESG yestd. about Drillrig.


The rig is a new build with state of the art automated pipe handling equipment. It is sized to
accommodate all activities envisaged within the PEL 238 area, including drilling of multi-lateral
wells with up to 1000 metres in seam.
The rig will be primarily used for drilling coal seam gas exploration and production wells in the
area of Petroleum Exploration Licence 238 (“PEL 238’), but may also be used for exploration
drilling in other areas that are presently being investigated

Attention is on .... but also used for exploration.

So ESG could use this rig in or for Orion for the PEL 6 target !

Rec. to prospectus, Orion will start as soon Drillrig is availabe - this will be relatet now with ESG. IMO.

Any thoughts ?