In a Continental Energy press release dated Jan 14, 2010 CGB2 outlined their two phase seismic acquisition program in the Bengara-II Block. Estimates were to have the 3D portion of the survey completed in March 2010 and the 2D portion to be completed in May. Although the release did make mention of delays, we are now into July with no further updates. Have they been able to complete the surveys? If so, where do they stand in the process of interpreting the data and developing a drilling program?
Thank you.