During this period, the production performance has steadily declined and is currently approximately 12MMscf/d gross. Further data gathering on the well will be undertaken to assist in the evaluation of reservoir performance and to determine the potential for remedial intervention.

The sidetrack activities on the A07 well commenced on December 30, 2009 and a new hole was drilled from 1270mMD to 2066mMD. Unfortunately, it has proved impossible to run casing in this new hole and drilling operations on the A07 well have been suspended. The Noble Lynda Bossler drilling rig will shortly be released at which time it will be off contract.

The production performance of both the M7-A facilities and the M7-A01 well to date has been good. Current production is stable at 23.5MMscf/d (gross) with a flowing wellhead pressure of 3915 psig. The production is currently limited by capacity constraints at the L9-FF processing platform although additional throughput capacity is being sought. Cirrus has 42.75% operatorship in the field.