Ann: Malolos 1 Oil Bearing Sandstone Successfully, page-3

re: Ann: Malolos 1 Oil Bearing Sandstone Succ... No rates yet, but at least they hit the zone. PNN data has been accurate.

Lots of talk of production in this, and the last few announcements. Promising? Yes. Definitive? Not yet.

We wait and see.

Stating the bleeding obvious, but if we just get some hint of commercial rates, GGX will be A ok considering they still have their options in France. Of which, Dennis is positive the prospects will be "much bigger" than the previous zones on Cebu. ...which totalled 70 mboe.

Dennis knows exactly where we sit and the perils we face, he's an experienced operator. He has more to gain than any of us, in all probability, more than all of us combined. Despite the set backs, they've got us this far, on limited budget. Relax, have some faith, if it was easy, everyone would be doing it.

All the best.


Jnr, I implore you, and any others to share what u can on here. We're in this together. Cheers.