Email reply. DB
The JV has lodged its plans for the next phase of exploration/appraisal with the Senegalese Govt.
This is more a formality than anything and does not require any sort of formal approval although a presidential seal will be forthcoming in due course. This is a part of the PSC terms and the JV is in compliance with these terms.
We have been expecting a response to the lodgement of our plans, but this is Africa and these things can take time.
This is not holding up the JV’s plans in any way and we will shortly announce the formal rig contact as we have said.
The information we released in the Quarterly report is the latest publicly available information and you and the market will be advised in due course when he have more details ready to be released.
Until then, as you will understand, we remain in very strict compliance with our continuous disclosure obligations.
We certainly look forward to getting into the next round of drilling outlined in the quarterly report.
Regards
Ian
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