Hi phoned management last week to see if I could find out...

Hi phoned management last week to see if I could find out anything on SC55 and told them of my concerns with an August deadline.

The person I spoke to was a director but I don't remember his name. He was very guarded but told me that he and some BHP boys were over there (Philippines) last week trying to sort everything out. I said that in my opinion you have left your run too late for an August drill and my best guess the well will have a one year extension. He replied that there is some market sensitive information that he couldn't discuss BUT he said it won't be that long. Meaning the delay won't be a year.

Hence, hang in there. My guess is by end of year or third quarter.