drilling update....yawn!, page-12

H et al
I was reveiwing the August presentation this morning. Don't usually do so with much intensity, but i did notice a couple of things that others may also have noticed...maybe even posted about, but i don't recall reading....

1...The Labeidna prospect is the same as lead 60 which has been talked about as a prospect since Adam was a pup. I will have to check my files which are at home but I am sure I can find the details about it in the de Golyer and McNaughton report that was prepared for the WPL defence of Shell's takeover. It looks a bit far for a tie back to Chinguetti.

2...The presentation refers specifically to EM surveys in relation to blocks 1 and 6, but fails to mention the known EM work of Dana in Block 7 or any survey on block 5 (Espadon). I don't think it makes sense to read anything into the mention or not of EM surveys but it does highlight that for those who do read the material it is easy for the market to misinterpret.

Just a bit of interest for a dull day....

regards
DF