spp extention, page-2

Hi,

Just spoke to Mr kain. He mentioned that SPP will be taken up (meaning by underwriters) if not enough shareholders apply.

He thinks that this trap fault is a great thing as it has delineated a gas reservoir!! The testing will start next week and will take approx 1 week for each well!

Regarding JH 1-1, he mentioned there were disagreements how it should be tested and the operator left. They are replanning it and could not give any definate dates!