Ann: Appendix 3Ys - Change of Director's Inte, page-9

re: Ann: Appendix 3Ys - Change of Director... It's another drill update on citation letterhead :)

Theyre making good progress now, nearly half way there and approaching the next target C13

The Atzam #4 well was spudded in late June 2012 and is currently drilling ahead at 1,665 feet in good hole conditions. The next potential reservoir zone is the Cretaceous C-13 sand, estimated to be from 1,800 feet.