PEL-182 COOPER BASIN S.A. EBR 37.6%
The contract for Century Rig-3 to drill Sarahlyn-1 and Vanessa-1 in PEL-182 (with an option
for two further wells) has been signed and the rig has been mobilised. The camp is on
location, the rig is two-thirds on location and is in the process of being set up.
The contractor expects to spud the first well Sarahlyn-1 Saturday 14 April 2007.