August 2010

In house seismic and geological interpretation was completed.
Prospects, leads and reserve estimations are finalized.
Poros is conducting a study covering the larger Telemzane area on the timing of Paleozoic unconformities and structural closures.
Reprocessing of seismic field data will follow after testing phase is completed.
Poros is committed for a two-year Prospecting Phase to acquire 250 km of 2D seismic (or 3D equivalent).
Poros will hold 2nd TCM /OCM in early June 2010 and foresees the 3rd TCM in early December