Ann: Umiat Oil Field Purchase, page-50

Agree on the conventional side, but what I can’t understand is the approach by management.. why chase Winx, Peregrine & even Charlie to a degree, now Umiat, all in the middle of nowhere, not close to infrastructure, surely & in my logical view, we would of & should of started with our Alpha lead, bang on the Dalton highway & TAP’s above it, the success case would be obvious, early route to production etc etc & then move out from here, so why is it so obvious to the likes of me & prob a lot of shareholders, but not on managements radar?? It’s only now really being shown on our lease maps in connection with PANR’s Talitha-1 drill, we know their conventional comes into our prospects, have we got any seismic on this?? If we have I’ve not seen it .....