email from investor relations, page-5

quote brr
'we plan to update the market on the STATUS of the farm-in and the PROPOSALS under consideration , in DECEMBER 2011

ppr preso
due to the complexity of the discussions are TAKING SOME TIME to finalise,” Mr Noske stated.
The Company will provide a DETAILED UPDATE to the market as soon as any negotiations are FINALISED
and ANY AGREEMENTS are reached between the respective parties.


clearly status update in the next 7 days of trading time.30/11

DETAILED UPDATE: signed sealed and delivered.may still require due diligence and results of 2/3D seismics before committing to a well.

wg