announcement on the way, page-2

Good news:


Summary

The information to date supports the potential for a significant discovery with indicated net pay across both the
primary Miogyp and secondary Camerina intervals, as well as upgrading the potential for the deeper undrilled Cib
Haz Formation. Golden Gate Petroleum believes the total potential reserves for the Bullseye prospect is close to 40
million barrels of oil equivalent.
The Company is very excited about the large potential of the Bullseye prospect, however it does stress that the
commercial significance of the discovery is