The $70 million does include the costs for facilities on both Las Maracas and Balay, as well as the wells and such for the exploration, appraisal and development drilling.

Hope that helps,


Sent: Wednesday, December 19, 2012 2:36 PM
To: General
Subject: An info request has been received

 A request for information has been received from petroamerica.com.

Message: Hello, I had a question for Colin, or Jeff, who ever can reply. The latest news release says the capital expenditures are 70 million in 2013, I was just wondering if the cost of the Balay and LM Production Facilities are included in that cost? Its my impression the 70 Million is for exploration/appraisal/development wells only? Thank you answering my question. Best regards, long-term shareholder.