Morgan Stanley this AM

[petrengr1]

Another interesting point on http://www.interoil.com/iocfiles/documen..._FINAL.pdf page 18.

3 out of 6 features on trend are proven gas accumulations
Plan to drill further two in upcoming campaign

They list the six features on the trend:
1. Triceratops
2. Bob Cat
3. Jaguar
4. Elk
5. Antelope
6. Antelope Deep

3 out of 6 features on trend are proven gas accumulations. That would be: Triceratops, Elk and Antelope

Two features to be drilled in the upcoming campaign. That would be: Bob Cat and Antelope Deep

One remaining will be Jaguar.

I don’t want to get you too excited about the prospects of Exploration drilling but on the trend under discussion 100% of the features that have been drilled have found gas. That is not a bad record so far.