Macca - I presume you are aware that they had the hole down to...

Macca - I presume you are aware that they had the hole down to just over 10,900 feet and then encountered a problem. Gas and salt water complicated a procedure and the pipe became stuck. That was on or about 24 / 25 May.

26 May announcement indicated that they had started a side track well from 5,143 feet and it was drilling ahead at over 6,000 feet.

When they struck the problem the well was 5 days ahead of schedule. The sidetrack is estimated to add 5 dauys to the total drilling days.

So TD is 14,200 feet which was originally estimated to take about 60 days from April 28 to drill. I would guess that it will work out around June 25 or 26 before TD so long as there are no more hiccups.

I would presume we will get some sort of an update on progress maybe tomorrow or early next week