Ann: Non-Renounceable Entitlement Offer Document, page-145

All this speculation and negativity towards DC, I just had a thought. What if he really is trying his best to get this project over the line. What if there is no behind the scene deals made to short cut Petrel and it’s share holders. What if we did all exercise our rights issue, raise the funds needed and the project struck a massive oil deposit and turned into something like Sirius resources. What if this is the lowest it will be before the massive find. What if this company does not go under and is a success.

After all this I will be taking up the full amount I am entitled to. I will support the company till the bitter or sweet end. In taking this up I know I am not only helping myself but attempting to help other holders to keep the company going, and hoping DC takes the Australian way and does right by us.

I would ask everyone here to take up the full offer to help not only themsefs but other holders too, but I understand everyone has their own point of view on the situation at hand, and I am hoping before it’s too late DC brings out some good news for us here and, like before, makes the raising of funds an over subscribed success!