EBR 1.65% 92.5¢ ebr systems inc.

PEL-182 COOPER BASIN S.A. EBR 37.6%The contract for Century...

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    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.

 
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