Wonder how the drilling contracts are coming along- can't be too...

Wonder how the drilling contracts are coming along- can't be too far away from signing-

RECAP

Activity Update
The Company has recently appointed a project manager Mr. Rusdiyo Harjodarsono based in Indonesia to manage the exploration program. The Joint Study prioritised 3 high priority leads located within the Jaya sub-Basin . A review of the existing data has confirmed the Company’s intention to commence drilling prior to June 30, 2012. Quest has commenced discussions with drilling contractors and expects to negotiate and sign a 650HP or 750HP onshore drilling rig to be deployed in the Ranua area by June 2012. It is expected that Quest will contract for a 3 well programme aimed at testing the Komering Lead plus the Sawat and Tabat leads.

Board Appointments
Quest Petroleum NL (Company) is pleased to announce the appointment of Mr.Mochamad Thamrin as Deputy Chairman of the Company and Senior Technical Advisor of its subsidiary PrabuEnergy Pty Ltd (PrabuEnergy).
Mr.Thamrin is a leading industry professional with a deep knowledge of South Sumatra’s petroleum geology. Mr Thamrin has over 45 years experience in the Indonesian oil and gas industry, including senior geological positions at PT. Shell Indonesia and as a production geologist with Indonesian government owned Pertamina , one of the largest oil and gas companies in the world. From 1976 to 1987 Mr Thamrin was Head of Geological Evaluation in the R&D Division at Pertamina.

Mr Thamrin was also Chairman of the Geology Department and Dean of the Mineral Technology Faculty at the University of Trisakti in Jakarta, from 1980 to 1994 and 1999 to 2011 respectively. Trisakti conducted the Ranau Joint Study with PrabuEnergy and BPMIGAS. Mr Thamrin is widely regarded as a leading expert in the Indonesian Oil and Gas field and has authored over 30 publications and text books on geology and related topics within this area.
Level 2, 100 Railway Road, Subiaco WA 6000 Ph: + 61 8 93809920 Fax: + 61 8 9381 5064 www.qpnl.com.au
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With such an extensive background in the Indonesian oil and gas industry, Mr Thamrin has developed enduring strategic relationships with all key stakeholders in the industry and the Company believes this, in addition to his vast knowledge of petroleum geology in the region, will be invaluable in executing the exploration programme at the Ranau projects.

Quest Chairman Mr. Gus Simpson stated “We are delighted to appoint Mr Thamrin to the Board of Quest and also as technical advisor to our operating subsidiary PrabuEnergy. We also welcome Mr. Rusdiyo Harjodarsono into the team. Both Mr Thamrin and Mr. Harjodarsono's significant experience and the relationships they have developed within the Indonesian oil and gas industry will be an important asset as the Company advances its exploration programme at the Ranau Projects”.