Ann: Quarterly Activities Report, page-2

"In addition, the Company also commenced negotiations in respect to securing an interest in an
established and producing oil field in Central Africa that is connected by pipeline to an established and
exporting refinery. The Company engaged a South African based consultant who travelled to be incountry later to undertake legal and technical due diligence. Subject to a satisfactory outcome on due
diligence, the Company will look to advance negotiations towards commercial terms. The Company is
expecting feedback and recommendations from the technical due diligence shortly."

maybe see the day this happens ....