drilling progress and share price, page-47

decrisper

Incorrect on a couple of things. Both Assaka and Trident are expected to be light oil based on TPT's and Galp's data but of course that is by no means certain as the COS is somewhere around 21-29% only. Tao-1 well will be plugged and abandoned regardless of what they find as they have already said that this drill will not include well flow testing. They will do logs and presumably report on the size of any oil columns encountered and oil and reservoir quality.

If they find a potentially commercial size oil reservoir they will come back later and do flow and other testing,

H