Ann: MINE: NZO: Update on Sumatra exploration , page-9

"its so good to be drilling again!"


I agree, and an appraisal well is always a slightly better prospect than a wild cat well. We now hope that there is a commercial quantity with good flow porosity. Additional Zones in the drill may also give more oil or possibly gas.

Some Gas additions would be nice. Indonesia is short of it, a ready market waiting on the sideline.

Approx. 45 days means they may be doing some extensive seismic testing as well to identify further sweet spots.

Here's hoping to success by the end of March.

By NZO's previous announcement we hopefully should have drill dates for Kakapo which are/were supposed to be announced within six months From Sept 2012.