Petro Matad Ltd (MATD)

[redinvest]

Zouf, I am more familiar with deep offshore wells, so my question to you is how much oil would need to be found in an one well for it to be deemed stand alone "commercial" ?? Do you believe if the oil in the one well does not contain enough to be stand alone, do you believe it will be tied into other wells so as to make a "commercial" area. Has any professional organization ( example NSAI ) been hired to ascertain estimates of the total amount of P-10 and P-50 oil in Petro's three blocks ??

Do you know how many wells are planned to be dug on their 2010 Drilling program ??

Total depth on this first well is described as 1440 meters (4,732 feet). That's not really deep. Has a plan or strategy been revealed of how they intend to bring the oil up, i.e. water or gas injection ??

Lastly, are the Chineese presently drilling in Block XIX, due north of petro's block XX ??

TIA

Red