Cuba Block 9: Alameda-3 Drilling Update 14 February 2024, page-85

Its too hard to tell given the limited information provided in the last update of Feb 14th which indicated well at 2397mMD, this equated to average progress of around 45m per day since the asx update of Feb 1. This is a lot slower than the previous drill and no reasons have been given and I can only assume that they were not drilling for all those13 days, whether it was problems with equipment, materials or pressure, etc.

The next target was 2,834MD, which according to their schedule should have been reached by the 10th Feb. If still drilling at 45m per day would now be around 2,670MD. Would need to have increased to 72m per day to get to the next target.