shale gas exposure in afr. good for ambassador, page-5

Hi Blueballs,

Another solid day so far today with AQO.

Im told the spud date will be the back end of Feb 2012.

They will drill the Mudlalee Block.

They are finalising a drill slot with Senex at the moment so if all goes to plan then we only have around 4 weeks before our first well is drilled.

These guys dont muck around by the looks of it.

The SP should kick on prior to the first well Spud IMO.

AQO is certainly in the right place at the right time.

Cheers