Ann: Total depth called for Alameda-1, page-4

Drilling at Alameda-1 Completed
Highlights
• Drilling of the Alameda-1 well stopped at 3,916 metres measured depth (mMD) / 3,694
metres true vertical depth (mTVD) (predrill target total depth was 3,740 mTVD)
• Continuous excellent oil shows while drilling over a gross interval of almost 300 mMD
/ 245 mTVD in this objective alone, accompanied by the highest pressures
encountered to date in this well
• A further significant influx of oil and gas into the well bore and increased pressure
made calling total depth the prudent course of action, despite not having reached the
bottom of the potential reservoir section
• Drilling operations are now preparing to undertake electric logging which, depending
on results, is currently expected to be followed by flow testing