GSP Jupiter arrived on site last night and would be 'legs down'...

GSP Jupiter arrived on site last night and would be 'legs down' today.

If any need convincing that we have a very good chance of commercial flow rates i suggest you read the last investor briefing this month (March)

## Primary Objectives:
Establish a commercial flow from Abiod fractured
limestone reservoir
Establish full extent of Abiod oil column

NOTE:
1. Dragon oil effective control of drill.(COE is the operator)
2. HW 2 (1990): 3 zones of movable oil over a 192
metre section in the Abiod Fm. (vertical drill).

3. This is a horizontal drill into this same Aboid formation

4. drilling is targeting – “fracture prone” rocks with
pervasive micro-fracturing

5. Worley Parsons development study shows approx 10 to 12 MMbbls would be economic. The modelled targets are 10X this.

6. Eni Maamoura oilfield development 12 km to the south –
onstream, producing from Abiod