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RUBY1100

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RUBY1100

Re: Homeport post# 28560

Monday, 03/06/2006 7:12:38 AM

Monday, March 06, 2006 7:12:38 AM

Post# of 362072
HOMEPORT MUCH BETTER NEWS here ...

In the wake of the aborted Feb. 24 ceremony in Abuja, the Joint Development Authority, the body overseeing the JDZ, indicated it would reschedule the signing for mid-March.

Four other blocks awarded last May also await the signing of their respective PSCs.

Industry interest in the JDZ has grown along with rumors that US Chevron has made a still unannounced massive find in Block 1, the only block to be awarded in the first joint licensing round held in 2004.

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