looks as though ppp and jv partners are starting to have another...

looks as though ppp and jv partners are starting to have another serious look at hector (PEP38483)again. Not only have the jv partners carried out seismic survey in nov/dec 2008 but have also applied for a new acreage to the south of hector (PEP38483). Hector has higher leverage for both nzo and ppp compared to tui as their shares are 18.9% amd 14.09 % respectively. Could drilling take place in the 3rd Q 2009 on this prospect just after TUI near field prospects drilled in 3rd Q 2009.