oil is going to flow, page-7

Shamol,

Just spoke with Phil Galloway on the phone re the announcement.

I suggest that you read the posts from Tastarga that go back about 8 weeks as to his expectations of the oil flow from this basin in Brazil.

In my opinion, it may be in the ball park but I am no expert.

I also understand that the Reconcavo basin, where upcoming drilling in the Silver Marlin JV is to occur, oil should flow even better than Sergipe Alagoas basin due to the different geological structure in the permits.

I am hoping we can conclude the flow testing of the basement within the next few days so that we can see some slides and hear some numbers from Phil in relation to the basement interval.

Two more intervals to go over the next 2-3 weeks.

This is all sounding vey promising.

I will see you guys and girls on Monday at the AGM.

Cheers

Kojasper