Ann: Drilling Update - Gaudi-1 Unconventional Gas Explorn Well, page-4

Klaas, I don't think that the low oil prices will be around for too long, but I do think that the pressure on Natural Gas delivery across Australia will keep the Gas price higher for a longer time.

CTP seems to be positioned to take advantage of that sooner than a lot of others (it is easy to turn a smaller ship), so I hope that will be enough. The bigger issue is to hold on for long enough to get there.

I'm not a Geo, but I think the announcment was ok, but I wouldn't expect it to be much weaker than it was if the situation was bad - CTP does need to put a positive spin on these things.

In the end we just have to wait and see what the results tell us. Unfortunately that will take time.