Ann: New Institutional Funding Agreement, page-13

Boz

BRU are still in with a chance at Victory but the poor hole conditions below 2000 metres is not a good sign hence the casing. They do not know if it will be a producer at this point. Let alone a massive producer.

If it were to be a massive producer it should be modestly positive for OBL. More positive for REY.

Let us not lose sight of the fact that the gas and oil business is one of the most complex and difficult games in the world. Not two holes are the same.

I don't think newregime will be saying much at the moment. He certainly believes in the potential of our ground.

He's probably waiting for management to justify the confidence he's entrusted in them.

Chin up...............that's all we can do at this point in time if we are not willing to sell.