talked to phil

I just had a 13 minute chat with Phil.

He is still overseas but not in Brazil.

I wrote a stack of notes and I can tell you that although I am not happy with the share price, I am happy with the direction of the company and the progress to date. I can tell you that all those things that we want to happen, will happen. We just locked in another producing well.

Read the announcement from Wed 3rd Sept, we got 60 barrels from the middle interval and this will probably be higher under pump.

Then they completed this well as a producer with a pump with a 90 barrel per day capacity in the upper most interval. Add the two together and you get 150 barrels per day minimum prior to stimulation. Work it out. Doesn't necessarily mean that this is the pump capacity that will stay on the well long term.

That is all I am prepared to say.

Regards

Kojasper