Ann: Alameda1 Independent Resources Assessment Marti Reservoir, page-277

Not been on this forum much over the past month as most of the reading has much to be desired. August should be a month of momentum as the news will slowly trickle out re Zapato, flow tests and production. Everyone must remember that we have been told nothing major will happen until Zapato is drilled! I have converted all of my options at some expense (happy with the arbitrage) and am now set up to enjoy the ride ahead without the stress of exercise date and timelines. I am confident that we have a significant oil find and i am confident that we will recover that oil in a timely manner (Sherrit are no fools in this region). All of the childish chatter on this forum of late is not helping our decisions and also probably forcing the hands of the weak, giving opportunities for those in the know with patience. Time lines are just that, nothing more.........we are dealing with geology and the unknown here, but we all know OIL is there. Looking forward to the next few months ahead. Onwards and Upwards Comrades!