interesting comments, page-10

"2. I seem to recall that Camerina is relatively shallow - can you advise/recall the depth? This suggests that production from new drilling to this level would not be costly; What are your thoughts on this?"

Apologies bignote for the delay in dealimng with this item but have been otherwise delayed.

Ah the answer to that question is that the Camerina is not that shallow. It is certainly above the Miogyp but not by that much.

The Marg Vag (approx 30 feet) was identified as being at 11,750' in J #2 and the Camerina is about 12,100' with the Miogyp then at about 12,300' or thereabouts.

"I will be very surprised if the next move is not into the dark pink areas; "
Yes I certainly agree with you. (Having agreed with you they will probably turn around and prove me wrong by doing something different !)
Yes it certainly seems to be the way they are thinking so long as all the partners can find the necessary money to chip in with.

I think that J #1 will probably be kept going till at least the end of 2009 unless there is a really serious drop off in production before then. Maybe it will still survive into first quarter 2010.

So yes a move into at least one of the 4 "development" sites is a clear possibility in my opinion.