This is how I believe it will work. The pump jack

This is how I believe it will work.

The pump jack will be put in after the swabbing. Then Cho will be called out to view the flow rates and make a decision on a Commercial Oil Find once he sees oil come out of the ground and has an idea of the flow. I'm sure Cho will won't be there the day we call him. I'd say a week for him, and a week for everything to be set up.

With Christmas in the middle of this, I believe we are looking at sometime between 23rd and 31st for the findings. That is what I am looking at in Belize.

This I really like as I see more wells coming into production sooner than expected. To me, it looks like we have oil and it's just a question of how much.

San Juan 3 and 4:

We have applied for 2 additional Permits for wells a mile north of the initial San Juan Wells. We are currently acquiring casing, pipes, and mud to be loaded during the next 2-3 days out of Houston.  The truck is expected to leave Houston by Thursday and to arrive in Belize on Monday morning.   We will be clearing the location and preparing the pad sites by this weekend and expect to begin drilling sometime around the week of December 26th.   We expect drilling to take around 5-7 days.

Max Mohamed Project Manager