Ann: Thailand Operations Update - L44 and L33 , page-32

Wishlist,

I am not going to argue with you on the water, as I have no expertise on the subject, and it appears a hugely complex issue. However I do feel you are attempting to load the discussion in other areas, perhaps indicating an agenda?

"..sending rigs of site for wells that have no connection to CVN and again at a time production should be lifted..."

Actually my reading of it is quite the converse. POE have sent THEIR rig (the second rig) ONTO OUR JV site.

"..still be to the benefit of those in the right place as any volume chart can demonstrate with CVN put against the timing of ANNs..."

Really, would that actually be demonstrable on a chart, or is it just lazy postulating? Those buying into the last two updates would appear to me to've been burnt, not advantaged.

There's clearly an awful lot of oil in these permits. I have confidence that experience and learning will lead to more reliable extraction, however I am accepting that that is going to require an awful lot of patience. This might yet present a better buying opportunity. Alternatively a win in L20/50 or some decent sandstone production could turn sentiment - therefore happy to sit on just what I have for now.

EL