Contract and Technical Report
Reprocessing and Reinterpretation of CDP Seismic Data for Licence 61

Stimul-T executed an agreement on 10th June, 2005 with LLC “Tomskaya Geophysical Company” for the reprocessing and interpretation of 1,392 line kms of vintage seismic data located in the northern half of Licence 61. On 7th March 2006, a second contract was entered into for the reprocessing and interpretation of 1,262 line kms of data located in the southern part of the licence area.

The projects have been completed with excellent results and the final reports received. The reprocessed data gives the company a consistent data base with one set of processing parameters over the entire licence area that is superior in quality to anything done on the licence area in the past. The results have been incorporated into the Ryder Scott Petroleum Consultants’ Report dated 1st  September, 2006.