round about, page-11

We have just had an election. Things are uncertain. However the fundamentals of the company are very good. At this price still very good value for money. A dual completion of FP-1 giving 300 bbl/d each would be a big cashflow.

I am informed that the premium for condensate is now quite large over the price of oil and the FP-2 well will be attacking this. The fact that Texaco produced a lot of condensate on the north side of the salt dome is promising indeed.