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Re: None

Tuesday, 06/14/2022 9:23:54 PM

Tuesday, June 14, 2022 9:23:54 PM

Post# of 284
Did they ever provide an update relating to the below statement found in the filing?

We mobilized the drilling rigs to drill 2 back-to-back producing wells, namely the Kruh 27 and Kruh 28 well, at our Kruh Block in March 2022, and on May 12, 2022 we announced the discovery of oil at Kruh 27. We expect Kruh 27 to begin producing oil by the end of May 2022 and plan to commence drilling of the Kruh 28 well immediately thereafter. A third new well at Kruh Block is anticipated to commence drilling in the June-July 2022 timeframe, and likely a fourth new well sometime before the end of 2022. This activity is being funded in part from the net proceeds of our convertible note financing from L1 Capital described below (L1 Capital is the Selling Shareholder named in this prospectus).

https://www.sec.gov/Archives/edgar/data/0001757840/000149315222015725/form-424b4.htm
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