Ann: Development Update , page-6

Ahh Graeme - You have been reading the Euroz report.

We will get some decline but it does look as though we may exceed the 1000 boepd.

The next Henderson well which is 24% will be a long lateral and of the results go as they have been we could be looking at a 3-400 bopd well alone which will get us over the 1000 bopd.

Also, in that repor they are saying that flows are currently at about 750 bopd . I think there will be some decline in that but it is heading in the right direction.

Severa more results due over the next few weeks with wells ranging from 4% to 10%. To are flowing back now.

All good.