update on drilling tomorrow i think, page-9

Irynka,

I should have provided more information. I have reproduced below an extract from the prospectus dated december 2008. You can see it confirms what I said. The primary target was at 735M which they have drilled through.

I do hope that they do strike something before they reach the eventual depth of 2500m and I will be happy to buy back in.

CL27

The Nyngynderry Prospect is quite large and structural closure
extends over some 22 km2, and it is sited on a north-northeast
trending regional high. This orientation is important as it is an
old structural trend and should mean that it is an old trap
which was in place when any early hydrocarbon charge was
generated and migrated through the area. The primary target
is expected to be encountered at 735 m below sea level (-735
m sub-sea). The operator has done a potential resource calculation
for the Snake Cave Formation interval of this feature using
representative parameters of 13% porosity and a net effective
hydrocarbon column of 24 m and has estimated that the gas
in-place resource to be addressed by this well could be in the
order of 160 BCF.