Highlights:

* California Dempsey – 10% interest secured, Dempsey-1 spudded on 2 August and drilling ahead in section with upper gas targets.
* California Tulainyo – 13.33% fully funded, Tulainyo-2 gas appraisal well now due to spud in October, 2017.
* Namibia PEL 37 – 30% free carried with recent farmin by ONGC Videsh Limited increasing likelihood of drilling in 2018.  
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