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diggg

06/29/11 11:50 AM

#9284 RE: stock_peeker #9282

MMT.v.. Yep seem so, I'll be watching them on the webcam also.

I say "Drill baby drill & build baby build"!!!

The UMU-8 well commenced drilling operations on June 9, 2011 and is currently drilling ahead at
approximately 5,500 feet. The UMU-8 well is being directionally drilled from the same three-slot drilling
pad as the recently drilled and completed UMU-6 and UMU-7 wells.

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A second three-slot drilling pad was constructed and is located south east of the UMU-6, 7, 8 drilling pad.
It is anticipated that the NRG Rig 201 will move to this second pad after drilling and testing of the UMU-8
well is completed and drilling operations will commence on the UMU-9 well. Two additional wells may be
drilled from the UMU-9 pad.
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To mitigate risks relating to export pipeline capacity, Mart and its co-venturers are evaluating new export
pipeline and export options to provide an alternative for future production capacity. The upgrade of the
central production facility at the Umusadege field to a design capacity of approximately 30,000 bopd is
approximately 50% completed