agm report, page-9

bitzer,

Thanks for the info.

"TEG's "man in Morocco" appears to be quite an influential chap and sounds like he is a good man to have on our side."

I wasn't aware of "the man" - that might explain how they got their hands on those 6 blocks.

"I was told after the meeting that they have had informal approaches regarding farmins on the offshore blocks"

Sounds about right - PVD's offshore farmout was massive, Chevron moved in offshore earlier this year & BP moved in offshore recently + currently 3 companies drilling in Morocco and plenty more about to start their own drilling.

"There was a brief mention of some assets in Mali possibly becoming available in the near future."

Haven't heard anything about Mali yet and although Mali sounds good, I am just waiting for the Morocco approvals which will be massive for this company.