highlights from broadcast , page-5

It appears to me from what JH said on BRR is that the only real decisions to be made is , do they do more seismic before drilling a 2nd surprise well, or do tehy drill a 2nd well without any more seismic.

CTP must have had some seismic in relation to the current well, and that appears to have been sufficient to satisfy the current the board of directors.

I stress that I do not know about Oil drilling so I ask the following questions.

On the basis that we know we have Oil at Surprise , albeit from approx 230m , why cant CTP move the Hunt rig (when safe) and start drilling from the other end of the 700m.

It seems to me that if they were confident enough to drill the whole 600 to 700 m from one direction that they should be just as confident to drill the remainder of the 600 to 700 m from the other end.

Can some one please give me a sensible reason why this is not a realistic solution to the issue of not doing further seismic.

That may give us more cash flow, and a greater value Share Price, and that will then allow us greater flexibility to do more seimic in other locations.

I welcome comments.

CB