Ann: Quarterly Report and Appendix 5B , page-7

So $4m in the bank at the end of the quarter and Lidsey #2z drilling costs are $4m according to the entitlement offer document. Looks like there'll be no cash left by the end of the current quarter.

On the plus side the cashflow from the UK assets appear to have improved on previous quarters.

Nyuni #2 due to commence drilling in April 2011 according to Bounty Oil and Gas. From their quarterly report:

Drilling will commence on Nyuni 2 in the Nyuni Block Tanzania around April 2011. Nyuni 2 is an updip test of the gas discovered in Nyuni 1 and has prospective resources of 800 BCF gas. Subject to successful delineation of the structure by additional transition zone seismic it is proposed to follow Nyuni 2 with a well at Fanjove North targeting 400 BCF gas.