I was just having another read of the MD&A. It appears that the unitization talks were slightly delayed.

In December they said "The Parties shall commence discussions at a mutally agreed-upon time, but no later than April 1, 2009 and continue such discussions on a periodic basis...."

In the Financials it says:

"the parties have agreed to use reasonable efforts to combine their respective exploration licenses and mining plots to form one unit consisting of all or part of the Makó Trough, with discussions scheduled to commence in the second calendar quarter of 2009"

They also used the "U" word in the MD&A :)

"On December 8, 2008, the PDA was amended to provide that: (a) the parties shall use reasonable efforts to agree on unitizing their respective interests in all or a portion of the Makó Trough"

This is also interesting:

"ExxonMobil and MOL are evaluating the existing wellbores and determining their
recommendations for the Appraisal Work Program"

It's nice to know they are making recommendations for the Appraisal Work Program. One normally doesn't make recommendations for a program that you don't plan on doing.