We have signed a farm in deal that will give us a 27.24% working interest past the Chalk zone in the Mallory Prospect, located in Block 22/14a, which borders our Huntington oil discovery to the north and east. 

A single well will target oil in the Jurassic Fulmar zone, approximately 13,000 feet in depth.  The well is expected to spud in Q4 2007, and the results of the well should be known in Q1 2008.