fundamentals

1:Farmin deal.
2:Seismic updates.
3:Q3/07 180km2 seismic on balance of SC54.
4:Drilling 1st/possibly multiple of 24 shallow reef pinnacles Q1/08.
5:Farm out Gold Assets to focus on black gold.
6:Drill Coron North Q4/08-Q1/09. Potential for up to 450mmbl. Convincing analogue to Malampaya. Assuming it is first in line.
7: New ventures.
The list of fundamental activites to potentially add value to the sp is encouraging. And with more than 30 potential targets under evaluation the list goes on.