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Matra Updates Its Drilling in Sokolovskoe Well 13

Source: www.gulfoilandgas.com 9/30/2009, Location: Asia

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Matra Petroleum announces that the rig is on location at the well site in Orenburg and commissioning is practically complete. We are encountering minor delays in installing the power supply to the rig, which is subject to third party control. In order to minimize the delay the drilling contractor is mobilizing a generator from another operation as an interim solution.

The generator is expected onsite within the next week, however it is subject to release at a point that is operationally convenient to a third party and therefore the exact date is outside our control but significant delays are not currently anticipated.

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