"Targeting to commence high impact exploration drilling in late 2008"
Other Items to Watch for in 2008 - Q4 Drilling JDZ BL 4, Kina "Deepwater drillship of opportunity"
Drilling timeline: - targeting to start drilling in Q4, 2008 – rig of opportunity - deep water drilling rig contracted for up to 10 wells; 2009
JDZ Blocks 1, 2, 3 & 4
Full 3D seismic coverage • Multiple reservoir targets and Direct Hydrocarbon
Indicators in many prospects • 19 prospects evaluated (YE 2007) - EUR (WI): 727 MMbbl unrisked, 313 MMbbl risked • $56 mm budgeted for 2008 - including first well in JDZ 4