Ann: TTE DR11 and Allen Dome Update , page-10

That's good VoM but we have to remember that yes we are looking at 5 zones that possibly might be oil containing sands. We won't know until the drilling has been completed. I think it is HIGHLY unlikely that we will strike commercial oil on all 5 zones, in fact I'll be extremely surprised if we do. Of course I would be happy to be proved wrong :)

It is more realistic to strike one or two layers that may be commercial. That would be great IF the well is successful.

I say this because after watching so many drills over quite a few years, we have to be careful in our expectations here. Tui is correct in saying, "the drill bit does the talking"

All the best to holders

W