change to drilling plan?, page-3

Keithallen

Fantar is one of five possible wells - the presentation says that the final 2 exploration wells in the 2004/05 campaign are yet to be chosen (these are in addition to Merou). The two surprises for me were that Bogue is not on the list and Tiof 5 is placed to the east of Tiof 1. The latter makes some sense in that they are talking about a phased development so they are looking to further define the body of the field that is currently known - and any test for a further western extension of the field can be done at a later point. They already know its large and of obviously of a commercial size and quality.

H