getting closer,, page-3

Dan

Prior to drilling TD and formation depths are approximate and based on info from the seismics, not a perfectly clear picture. Once drilling, true depths are revealed and adjusted accordingly.

Going on latest announcement the Toro is 35m lower than where they estimated it to be and TD has also been adjusted accordingly.

They have drilled 273m in the last week and are still 183m from the main target Toro formation and 217m from new TD. The deeper they go the slower the drilling, i expect they may get to TD by next Sunday