Located just to the East of the City of Tomakomai on the island of Hokkaido in Japan is Yufutsu field. This oil and gas producing field was proven in 1988 and is the birthplace of Bront Oil Co. Ltd. as a respected upstream E&P company. Over the years we have our stake in this large field grow dramatically from an initial stake of 15% up to our current holding of 25%. Despite the majority of our recent growth taking place outside of Japan, we envisage future additional increases in our presence here over the next few years. Much of this growth is slated to be arrived at through the conducting of Joint Ventures primarily concerned with the recovery and delivery of natural gas within the country. In addition to this we are committed to seeking further exploratory licenses for the field in the latter half of 2016.