Thanks Loosing cashI am aware of the onshore prospect. They are...

Thanks Loosing cash

I am aware of the onshore prospect. They are operating this one themselves as far as I understand. So would love COE to have 100% of a discovery like that. Forecast to cost 7 to 10 million. Better not cost anymore as not farming out we are up for the lot but onshore should be ok. I think in their last quarterly report last page they had a rough drilling program. Its about August September October in 2009. They were looking to farm in one or two off shore drills in the Bargou area. I am a bit disappointed we did not lock one in as soon as the exploration permit got approved. I thought they had them lined up and just waiting for the permit. Now the oil price has plummeted since, alot harder to get other oil companies to blow cash in this credit tight market and 24 month low oil prices in an area that is not famous for big oil discoveries.