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Re: snayeman post# 185619

Tuesday, 11/10/2009 7:46:07 PM

Tuesday, November 10, 2009 7:46:07 PM

Post# of 361996
I think these five initial wells will be enough to determine commercial or not. Like I said earlier in my post IMO an additional contract for a drilling campaign in 2010 would be VERY positive..IMO I see our group contracting with another driller(or same) to put more holes in the blocks to determine where the elephants are. But I have no drilling background this is just trying to use some logic of business. We will hear the results IMO sometime closer to the EEZ bidding.

I hope we hear something positive sooner, but probably not.