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We're expecting first oil to be achieved in the second half of 2018 and the Operator estimates that initial gross production rates will be in the range of 10,000 to 15,000 barrels of oil per day.

So I'll now turn it over to Richard, who will go through our assets starting with Dussafu. Various installation activities were carried out at the end of the quarter in preparation for the drilling and main installation phase at the field.

The first development well, DTM-2H, was spudded on January 27, 2018.

This well and a second development well, DTM-3H, will be completed as horizontal oil production wells with open-hole gravel packs and gas lift.

In addition, an appraisal penetration called DTM-3, will be drilled in the northwest of the Tortue field and that will confirm the extent of the field and prepare for additional wells which may be part of the second phase of the development.

The drilling is progressing according to plan and it's expected that the drilling will be completed by the end of the second quarter 2018, after that the subsea equipment will be installed in preparation for the FPSO hook-up.

The contract for the use of the Adolo FPSO has been agreed and the Field Development Plan approval obtained from the Gabonese Government.

The dispute was a long and challenging period for the company and its shareholders.

But we feel that our stance and our actions were robust legally and technically and we took decisions based on the best interests of shareholders.

These are the total gross economically recoverable oil reserves, and the estimate is derived from the assumed production from four oil wells at the Tortue field.

The high case of 3P which is approved, plus probable, plus possible reserves is estimated by NSAI at 31.4 million barrels.

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