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Monday, 03/15/2010 9:28:18 AM

Monday, March 15, 2010 9:28:18 AM

Post# of 367194
*****UPDATE JDA*********

Just spoke with JDA Source.

Drilling results will be released this month. Apparently they have needed this extra time to decided how to properly release the results - coordinated effort.

Was told results are "extremely positive" and Operators were very pleased. I mentioned to my source about Addax-Sinopec wanting the Pathfinder Rig for April and I said the drilling results must be very good for Addax-Sinopec wanting this rig back so quickly. Source responded to me that results are very good and that it's very likely Addax-Sinopec will have the Pathfinder rig in JDZ in April or worst case May. This can not be officially announced until Phase 2 drilling meetings are concluded which are still going on this week. Was told there will be news announced regarding Phase 2 drilling very soon. Was told to call back later this week for an update as meetings - talks are progressing. Lots going on and we will hear about it all very shortly.

It does not take a rocket scientist to figure out PHASE 2 Drilling will be approved and will proceed very very soon. IMO. This is HUGE NEWS IMO as it speaks VOLUMES about the Drilling Results for Blocks 2,3,4.

In addition, I hope to have updates from others sources this week.

Take my posts for what they are worth. IMO and do your own DD.
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