Ann: Multiple TCF Prospectivity Identified - Eastern Cabora Bassa, page-134

We don't know what they are negotiating with potential JV partners. IVZ is required to drill one well out east. There was chatter about the JV partner doing two wells next year. Is it possible for the rig to drill M3 and M4 plus a well out east? Will the partner want a bigger rig to drill deeper in Mukuyu? If they are planning a bigger program is it possible they will want a bigger rig and keep the smaller Exalo for out east as well as doing flow testing and workovers? Dunno. They could be discussing anything. We will only find out once they have signed on the dotted line.