whats going on?, page-15

The next step in my opinion will be a re-visit to the Acosta well. It is possible (at a relative minimal cost) to sidetrack this well into the Miogyp proven oil field.

I feel fairly sure this will be the preferred option. I would suggest a flow in a range of 400/700 bopd could be achieved... more valuble income to all partners.

Also bear in mind that Cib Haz is not dead, nor Camerina.

GGP are fairly cash strapped, it's hard being a small O&G player at this time with funding options limited. In good times share prices would be higher, banks willing to lend and investors upbeat.

An independant reserve estimate has been commissioned for Miogyp. The result will be interesting, if good it will underpin pertners share prices and offer potential funders more incentive to provide finance.

I am surprised GGP have not mentioned the potential of an Acosta sidetrack nor a forward plan for the project. Perhaps we may hear something once their funding issues have been resolved.