many possibilities before striking, page-2

Drillig "imminent" was announced to market (just after close on Friday"

Did anyone read that interview"On the Way to an oil and GAs Major"
from www.rohstoff-spiegel.de from 28Jun?

Someone was asking about drilling depths on the weekend. This was in the article.

Q. "At which depth are these reserves
situated and could these be
developed economically?"

A. There will be several generations
of drill campaigns at several
depths at the Amadeus Basin. First
we will focus to a depth of 2,000 to
2,500 meters. In approximately 3 to
6 years we will survey deeper sediments
up to 5,000 meters and in 10
to 15 years up to more than 5,000
meters. Extraction from the lastmentioned
depths can be economic
– depending on market prices and
costs. In the United States you can
find economic production from
depths of 6,000 to 7,000 meters and
deeper."

Good luck to holders.
Fun times ahead.