amex 27/10, page-20

Operational Advisory due Monday

Last week 23 Oct - SOA depth at 9,076ft, formation above the Permian target zone.

During the course of this week TB advised they'll be drilling through the Permian target, at which point a logging run was to be undertaken.

SOA well appraising the multiple conventional targets identified in the North Platte 3D seismic data set. Targets consist of a Permian age stratigraphic trap and a Pennsylvanian age structural trap. TD 11,000ft

Looking forward to the content of TB's CA Monday 31st Oct after this weeks drilling and logging.

GLTA

R