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RUBY1100

05/24/08 2:33 PM

#129986 RE: apea #129985

yeah lets hope they didn't snag our Rig of Opportunity- lol
Even though Addax still says its coming THIS YEAR

yes we pay/paid $410,000 /per day for the AA - according to Addax was a heck of a deal - now we see Petrobras paying 50% higher $600k / per day

[this just puts more pressure to find bigger and bigger fields to justify the huge day rates]

So I'm feeling pretty good about the JDZ and our chances
and Addax has a 100% drill success rate offshore W.Africa