Tunisia - Chouech Essaida and Ech Chouech concessions (100% working interest) - CS No.8 was drilled and yielded initial production test of 555 boepd flowing from two zones; - CS No.6 was re-completed as a water injection well after testing revealed minor amounts of hydrocarbons; - EC No.1 was re-completed and is currently being tested; - CS No.9 location was built and is anticipated to spud in May 2008; - Winstar is currently acquiring a 400 square kilometre 3D seismic program with anticipated completion in early summer 2008. - Sabria Concession (45% working interest) - Sabria 12 location was built and is anticipated to spud by late summer 2008.
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