bg, page-2

With BG their interested was never in oil, their number one priority is LNG and now to expand and maintain a continuous supply to the world?s biggest(Chinese/Japanese) consumers.

It could be argued that BG may now see value in CTP?s assets (massive caol discoveries)or alternatively could end up farming out their interest to a third party. Hopefully they pay up their share of costs, and bugger off as we discover our own hydrocarbon resources.

Delineation of interest and the prioritisation and monetization of oil/gas and Helium will eventually come out in the wash, but don?t unfortunatly bet against or discount BG still being in the mix with a focus on gas.

In addition, do not immediately discount the possibility of having a potential second major JV partner in the near future, after all discussions of interest in our assets are currently ongoing although we are yet privy to the information.

Advantages of having a second major would greatly benefit CTP in the short and long term. Regardless, CTP still has plenty money in the bank, ironing out issue with BG other potentials would be nice but then again we are currently executing our drilling program and at the moment BG can go and suck an egg.