Ann: 2010 Annual Results Presentation , page-35

If the TAP market today is reflective of the coming result you are right Onshow doesnt look good. What do you believe will happen from here-armegeddon or could the sp be a false alarm in terms of the potential outcome following zola1.

Given you are expressing caution to people who hold the stock where do you believe this is going to go and reasons? I do note TAP is not just an explorer it is a producer and has an income stream and has a good cash position unlike many of the oilers going around.

respectfully
eagle888