sheringa 1, page-6

Thanks Pulse,

A few kilometers can make all the difference.

Unlike Silversands-1 and Christies-5 in the S / S-E, it sounds like Sheringa is dry:-

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Sheringa-1 reached Total Depth

Dear Shareholders,

The Sheringa-1 exploration well in PEL 92 in the Cooper Basin reached total depth of 1,960 metres at 1630 hrs CST yesterday afternoon, Tuesday 7 November 2007.

No significant hydrocarbon shows were observed in the well. The current operation is running wireline logs.

Subject to the results of wireline logs the well will be plugged and abandoned.

Regards,
Cooper Energy Limited

Michael Scott
Managing Director

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At least there seems to be plenty coming from Cleansweep.

Cheers.