more on tiof at agm?? rally??, page-18

re: re:agm questions .. for 4ls With any oil or gas development final terms and the detail take time to negotiate. The Company view is that it is to our advantage to negotiate terms before commercial accumulations have been proved to offer best chance for balanced terms between partners and Government. Within the partners there are varying levels of acreage held and the particular desire for terms could vary between partners in the central held blocks and the outlying blocks. Discussions with Government have been continuing for some time, and Hardman has held active discussions with the current Government officials and are aligned on similar terms for all potential producing gas accumulations. With the change of Government in August discussions continue both directly and through the operators of the Joint Venture, however the change in Government has delayed finalization and signoff.

Hi Rager1965,

Thanks for that. Hope you don't mind me posting this on TMF - with due credit paid, of course.

Cheers,
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