Ann: GGP: Oil encountered in Acosta Well , page-3

Mark

On the face of it good news indeed re Bullseye, all partners remain very bullish despite poor share price performances currently.



Can you please explain why it seems the Camerina is not being flow tested as reference is only made of the Miogyp. I thought this was part of the plan for the Acosta well. You cannot book proven reserves without flow testing this section of course.

Also

With last nights release from GGP saying that logs and side wall cores indicate over 20' of pay in the Miogyp, is this likely to be due to Acosta being 15' - 20' down dip from J1, or do you think GGP are suggesting there could be over 20' of pay from Acosta? In which case would that not suggest there's a possibility of over 35' - 40' of net pay from J1?



Finally


Any news on the gas sales tie in and potential of increased flows from J1. This must be getting very close to completion. Actually would have thought we might have had an annoucement by now.


Many thanks