Nothing too dramatic in the new update out this morning* J #2...

Nothing too dramatic in the new update out this morning

* J #2 currently producing at 600 bopd (down from initial 750 bopd) and 350 mcf gas per day.

* Possibility of future testing of Camerina .........
........somewhere.................sometime. Maybe even the Marg Vag. Nothing definite.

* J #1 has produced a total of 28,895 bbl oil in last quarter ..........that must be about just under 10,000 barrels per month (also gas of course)

* Confirmation that Acosta #1 well has been converted to a salt water disposal well at this stage. Saves the jv about US$ 200,000 per month in disposal costs.

* Still the intention to use Acosta to either put in a sidetrack into Miogyp or else test the Camerina

* Reserve study of Miogyp underway and results about September

So steady as she goes I guess