Block XX is immediately south of the largest producing oilfield in Mongolia, in the Tamtsag Basin.
The Company is currently undertaking seismic surveys designed to define targets
for a drilling programme commencing in 2009.
The Company shares were admitted to trading on the AIM of the London Stock
Exchange on May 1st, 2008. Required statutory information is contained above
under the tab “AIM Rule 26”. Other information will be made available on
this website in due course.