when, page-2

Neither La Bella or the Seychelles have firm, committed drill dates. However, latest indications (from recent updated broker presentation) are q2 2015 for La Bella (though this seems to be sliding a little) and also q2 2015 for the Seychelles. So, maybe, 2 drills in less than 12 months.

These dates are obviously a little way off. Near term, final la Bella 3d processed data is due literally any day now, and that will trigger a 2 month (I think) window in which AWE has to opt to go operator and commit to drill, or they walk away. Similarly, Seychelles 3d data is currently being acquired (literally could be completed any day now). First shot processing should be done in September. DR seems to think that the shallow nature of the area of interest means the early processing should give a high degree of confidence on what lies under the seabed.