The 2 drills that Premier Oil starting in Tuna Block in...

The 2 drills that Premier Oil starting in Tuna Block in Indonesia adjoin the recent 3D in the central area of Vietnam Block 07/03 - thus in effect defacto drills for PPP.

Any discovery for the 2 Tuna drills have huge implications for the central area of Block 07/03.

It is no coincidence that the recent 3D was shot over this area as this is where I expect the next 2 commitment wells will be drilled.

Success in Tuna drills implies the central area of Block 07/03 will have hydrocarbons and a gas pipeline from CRD-1X has to transit the central area enroute to Vietnam.

Without drawing a long bow, success for Premier Oil in Tuna has positive implications for CRD-1X.

I think Mitsui hold balance interest in Tuna drills.