Ann: Drilling of Zapato-1 exploration well commenced, page-90

InDaHood,

The upper sheet is interpreted to be breached by volcanics at the location. Though these volcanics can represent a trap and viable if highly fractured.

Given that Zapato is between Amistad and Motembo it’s likely that oil has migrated through the upper sheet/volcanics at the location. I will add that if a viable structure/trap exists at this level it’s a good chance of success. Given the high end result at Amistad it’s probable that some assumptions have changed and that faulting/structuring interpretations have changed.

Management has made some comment on an upcoming update on prospects and changes to resource potential since Alemada-1.

Best of luck holders