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The EP104/R1 Joint Venture has agreed to release CDL Rig 18 and the rig was subsequently
released from Stokes Bay 1 at 0900 Hrs on 6th November, 2007.
Testing operations to determine reservoir fluid composition will continue once the rig has been
moved from the location and the testing crew obtains access to the wellsite. It is expected to
take from one to two weeks for testing operations to recommence.
Fluids recovered to date still appear from salinity and density measurements to be drilling mud
and associated fluids. Some 24% of the 12,000 barrels of drilling fluids lost during drilling and
completion operations has so far been recovered.