Reference the March 2014 PresentationMy interpretation as a...

Reference the March 2014 Presentation

My interpretation as a layman. Geo may read this an laugh.

Depth to target 2,300m

Deviated well(approx 45 degrees) to get around and under a fault (red line on the seismic & black on the contour map)to get to what looks like updip in anticline (fault and purple line look to be the seals).

From other wells drilled I can recall rate of advance being 200m per day. Allow extra days for casing, cementing,whipstock (and equipment being tested for 1st time..LOL).

20 days may include Drill Stem Testing, so I am of the opinion we will see some news before then. The announcement re spud should include a program (similar to Galoc 11). I would expect this today

NB Strat emailed me to advise that he will be on hols. until the 24th May. He will no doubt be reading but not posting.