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Re: None

Thursday, 11/08/2007 12:43:16 PM

Thursday, November 08, 2007 12:43:16 PM

Post# of 361445
It appears July-Dec 2009 is EARLIEST for the program to start
with a possible test in Q3 2008 for 1 well - seeking a rig of opportunity ??

http://www.addaxpetroleum.com/_media/2007-10-31_Africa_Upstream.pdf

I have emailed Addax for clarification and reason for continued delay - will post any response - Note the presentaion 1 month earlier 09/25 stated 2008 [with the AA expected Q2 of 2008 - so there must be a snag with the AA and a delay from Kosmos with 4 wells too before we get the Rig]

Also they will drill JDZ BL 1 in 2009 this is new
2008 - 1 test - maybe
2009 - BL 1, B2, BL 3 and 2 in BL 4

Was odd that the CEO yest. in NYC said next year - perhaps he meant the test well - you would think he speaks to the head of exploration daily