updated financial model & valuation, page-4

Thanks Cgsfree. Much appreciated.

Just to be clear could it be confirmed that the following development assets have been excluded:
1. Service Contract 14 C2 West Linapacan
2. Service Contract 54 – Area “B” (Gindara)
3. Service Contract 58 (Balyena, Butanding and Dorado)
4. Service Contract 63 (Aboabo)

The following production assets are excluded from the calcs:
1. Service Contract 14 A (Nido Oil Field) & B (Matinloc Oil Field)

This is producing peanuts at the moment (9,638 barrels net to Nido produced during the quarter).

Also following exploration permit excluded:

1. SC 6B


4.

Also excluded the following prospects