unlisted employee options, page-10

Just ideas Stapleman. Theres too many gaps in my knowledge to be accurate on a field development plan.

Assuming the LS test is commercial and sustainable it will be a big tick in the box for the methodology applied. If it were me, on that basis I would be tempted to develop the field without others.

There is likely to be major advantages in having either Oxy or Aera onboard as they are the 1st and 3rd largest holders at Paloma and hold a wealth of CA oil/gas knowledge. Whether or not they are good to have as partners from a working relationship point of view I have no idea.

Personally I would like to see us get a little further under our own steam (+ Solimar). The eastern portion of the leases are yet to be touched and theres a lot more areal work to do to define the extent of the current discoveries.