Ann: Ophir Rig Mobilisation, page-8

Rig on site this coming week, maybe 8 weeks to drill and complete 3 shallow water horizontals, another month for flow lines and testing so first oil about end August? We should hear about Ascalon by then also. The big question is will Petronas exercise the call option on the Ophir subsidiary? The Capex being only about 60% of original must be sending the rate of return up significantly. We have a great outcome either way but ??