Lumba Lumba-1A well progress

Drilling operations are proceeding at the Lumba Lumba-1A following the cementing of the 20-in casing.

Offshore staff

Drilling operations are proceeding at the Lumba Lumba-1A following the cementing of the 20-in casing. Lumba Lumba-1A is at 2,175 m (7,136 ft) measured depth.

Lumba Lumba-1A is planned to drill to around 3,000 m (9,842 ft) measured depth in 1,100 m (3,609 ft) of water and is planned to take until Aug. 20, 2008, to reach the total depth.

Joint Venture Participants:
50% -- Tap Oil (Philippines) Pty Ltd.
35% -- Salamander Energy
15% -- Philippine Domiciled Participants

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08/07/2008

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