Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir), page-431

I have never had a problem with Zapato, as a drill, just its timing and the absence of 3D support. Retrospectively this was proven prophetic . The time delay to get on with Alameda has crippled us. I have asked Alexii to wax lyrical. I just don’t think now is the right time for Zapato, again aside from it being a wildcat. I am concerned we have an existential threat to the company as Sonangol can take over as operator at any time and squeeze us out. Alexii has indicated there are few friends and big dollars in this game so time is ever more important.