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RUBY1100

05/14/09 7:14 AM

#161780 RE: oil-cowboy #161778

Oil Cowboy - BL 4 Kina is 352-479 MM BBls
BL 4 Kina South is 96-134 MM Bbls
BL 2 Bomu is is 274-435 MM BBls
BL 2 Pricipe is only 78-108 MM BBls

you must ADD all the blocks' prospects to get over 1 BB Bbls, and these are **Addax's Block breakdowns**

**Updated ... Addax Slide with specific Prospects
Silde 8/20

http://www.addaxpetroleum.com/_media/200904-InvestorPresentation.pdf
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Opus X

05/14/09 8:24 AM

#161786 RE: oil-cowboy #161778

OilCowboy, IMO, if Kina is +1BB and oil prices are approaching $70/barrel, the share price will emotionally be driven to $3-5/share..............

GLTA,

Opus X