1) The results of Heritage's Turaco 2 well in Uganda (adjacent to HDR block and touted to be likely to find significant oil). A farm-in and free carry is likely on success
2) Guyane project - several majors interested in farming-in and reviewing seismics.
3) The independent geologist's review of Chinguetti due soon. Given that the JV has declared the project commercial and put out tenders this would seem a formality - but it will clinch bank finance which will get bigger players interested.
4) WPL's reserves upgrade expected this month - should upgrade Chinguetti and give us more of an idae on Tiof and Banda.
5) Meeting of offshore Gabon JV in February to review seismics and decide on whether to drill 1 or 2 wells in late 2004.
6) Possible saloe of some of the equity acquired from ENI - at a significant profit to fund dveleopment and exploration (and reduce the need for a capital raising).
7) Possibly details of this year's drilling schedule including Australia.
Plenty happening
H
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