new info brochure out, page-10

re: new info brochure out - geos A good summary of where they are going and why regarding exploration drilling.

Slide 16 shows the "plays". I was waiting for this update.

Slide 17 refers to a Paleocene, Eocene, Oligocene discovery in Tiof 4. It appears that they have found a new "play" and are targeting it in coming drilling.

Regarding EM. I think after the failure of the last batch of exploration drilling they need to add something to the 3D. They have chosen EM.

40 prospects that have reserves of over 100MBbl

I am not too keen on them drilling Cretaceous anywhere except around Pelican. Three wells - we will be in a for a rocky time during the drilling of these wells. Tapandar is in block 4. I need to see the seismic in colour.

Merou West and Lead 127. They are hoping to sanitise the area before relinquishment. A negitive result is a success.

19 and 20 need to be in colour to make out what is going on.

Additional leads in Guyane shown on slide 28.

Falklands drilling in 2007. We will have to wait for this one.

I don't know why they put in the drilling program for 2004/05. I would have thought 2005/06 would have been better.

It looks very good. I will look at the presentation again when the colour one comes out.

G