Ann: Hawkley project update , page-5

Was anyone aware of the ongoing court case with Bukros?

It took me by surprise.

And then it even went to appeal. Did I miss some news over the past 6 months or was this intentionally kept quiet?

Bukros Ukrainian Co

So who are we using now as our drilling contractor?

The cost of drilling these wells seems on the high side, lets hope we get one hundred percent success.

The other interesting item was the comment on acquisitions.

It would not be surprising then (especially if the next well is a success), to hear of an acquisition during 2011.

Gw