Ann: Quarterly Activities Report , page-11

Been a long wait but should spud soon, about the next H well best description is in the carmicheals write up on what they plan to do where they will drill. Just looking forward to drilling now let's hope it's soon. It's all a learning curve they can read the seismic really well and have been patient and have learnt from there efforts. Success at PB and better results at H field will see the sp respond as income increases. Which could see the options come into the money. Nothing is certain but income is everything now as any more CR will see it raised at lower levels but the options in the money will se a fair bit of cash come in for development.