west aust. article, page-2

re: west aust. article - tokyo jo Hi TJ

Its all looking very good atm. BG buying in was an excellent development for the JV and it says to me that they know that they have heaps more oil and gas that they are certain they will find. BG would not be interested I would think if it was a one-off gas project at Banda - so the future for any further gas discoveries is looking excellent.

And they are "almost exclusively" targeting the Miocene sand channels and associated salt domes this year - fantastic given the 100% record so far. And 2 drill ships and 10-11 wells (on top of the Chinguetti development wells).

Cheers

H