Ann: Quarterly Activities and Cash Flow Report Ma, page-5

re: Ann: Quarterly Activities and Cash Flow R... Reading between the lines I believe that rig was nowhere near as efficient as anticipated. This probably contributed to the bad economics when assessing whether to drill on the old processed data versus the new as well costs appear high. That translates into significantly increased risk per well. I'd bet we end up with a different rig on resumption and they were probably caught out when Apache said they would use a more cost effective rig also.

Disappointing about the lack of near term Ungani drilling but the rest looks good still