Ann: Participation in Onshore Exploration Prospec, page-3

re: Ann: Participation in Onshore Exploration... Yes PeterRG,

We need some interest if we are to get out of this low ball pricing, but today I'm still buying.

I'm going on past activity to ask shouldn't we have some idea of what is the probable size of this field. 2 weeks from touch down and we are in, so I'm assuming the reasoning is very sound for a good payload like Marathon as suggested by you. I will certainly be interested in the Qtrly this Thursday. I am wondering at this stage what the strategy is for PSA with 2 small purchases coming out of what seems like cash and recalling some talk of debt - so I expected some debt to be in play in some size.

cheers