presentation

Dear all

Some points / questions relating to a review of the recent presentation

1)the images included in the presentation are informative as to the logic applied by the geotechnical people in identifying the likelihood of gas and where to drill

2)the presentation does not include any estimate of an upgrade from the NSA estimates (the Cua Lo target is still the same at 13.9TCF) – I would have thought that the 3D might identify layers below those identified in the 2D

3)The oil target (Song Ca) lies outside the 3D seismic area and so data on this has not been increased since the 2D survey

4)Page 9 of the presentation includes a long section along an approximate north west to south east axis – his gives an indication that there are layered targets. It’s not clear which of these targets was allowed for in the NSA assessment and which were not.

5)Does this presentation confirm that the 3D information has confirmed but not changed the target identified by NSA for Cua Lo? Or is it that any potential increase in this area due to additional target layers has not yet been quantified?

6)Is it intended to give an estimate of any increase in target prior to drill? A question for the AGM (Micam)?

Any thoughts?