Ann: Quarterly Report for the Quarter Ended 30th , page-13

re: Ann: Quarterly Report for the Quarter End... Hi Kalmsg, I am pretty sure someone had commented on the hiring of negotiators some time ago. I recall that the post(s) were discussing that this is a sign that nothing has happened to date and that the JV weren't capable of getting this commercial on their own.

I am fairly sure in my recent reviewing of announcements by KEY/Aminex that the hiring of negotiators had been mentioned more than once, I think the first mention was late last year.

Facts are good, I'd like more of them. Facts such as what's happening with the environmental approvals for a pipeline from KN#1 to the Songo Songo gas plant; what are the results of the seismic surrounding KN#1; when will the seismic on other areas of the Nyuni block commence; confirmation of the purchase of the UK assets; confirmation from Italy of the approval of KEY's licence applications for the offshore exploration permits. I don't want much, do I? ;-)

I'm curious what KEY are planning if gas is found in West Songo Songo. Their most recent announcements suggest a tie in to the pipeline on the mainland rather than on Songo Songo Island. Wouldn't that require a gas plant on the mainland? The pipeline on the mainland has excess capacity as it has a diameter of 16 whereas the underwater pipeline to the island is only 12.