GORead the following extracts from Half yearly Financial report...

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Read the following extracts from Half yearly Financial report dated 16th March 2010.

The NWZ 2 well is currently suspended and it is expected that it will be put onto production test as soon as the
current J-50 well activities are complete. Production testing is expected to commence during the first half of
2010 and on completion of production testing the Company intends to apply for a Trial Production licence for
this well. A Trial Production licence will enable JPR to sell the NWZ 2 oil into the export market and sales are
currently budgeted to commence in the second half of 2010.

At the time of this report the J-50 well had reached 2855 metres and should reach Target Depth during March
2010. This well is targeting the Triassic reservoir and the Company considers this to be an appraisal rather than
an exploration well. The expectation is that J-50 will be put on production test in April 2010 and, like the NWZ 2
well, be brought onto Trial Production in July 2010 after a 3 month production test period. Granting of a Trial
Production licence will enable JPR to sell the produced oil into the export market and sales are currently
budgeted to commence in July 2010, although sales into the domestic market should commence in April 2010..