Ann: Operational Update, page-222

I would like to think that TN has many balls in the air right now and is close to giving us some direction .
There are several major events that need to happen , and they need to happen soon.
#Incoming Partner with a cash injection .
#Signed rig contract for at least two wells , with an option for a third well if further appraisal required .
#Identify the most appropriate project(s), ( could delay until after drilling and additional seismic interpretation but need to keep shareholders appraised)

What we do not want is a partner (like Origin) that will either not approve work programs/budgets or slow us down . Any incoming partner needs to sign up for a meaningful work program in a fixed timeframe .