Ann: Weekly Drilling Progress Report, page-12

This is a bit off topic. Santos has not stated any timetable but remember the permit is only at the exploration stage, there is still retention and production stages to run. OXX farmed out 75% to Santos to be free carried for a period and it certainly included the first well. Whether OXX can retain 25% remains to be seen as the permit is reported to have deeper potential and further promising structures to be explored. Drilling costs are not cheap even in this downturn and any drilling needs to fit into the JV business strategy of the day.