response from david dix, page-5

no probs Tammy....we are all very keen to know the details of the JV.

All I care about is the numbers as I think this could be a great turning point for AED.


Seems like they were going to get worse over time but with this JV partner, they should be able to pump up a lot more oil and a lot quicker.

Just want to know what are the terms or percentages of the deal.

Just got another response...same as Trevors but still I think we can expect the announcement anywhere from Friday morning to Tuesday arvo next week.


Hi,

We are currently in the last stages of negotiation, until the deal is concluded to
the extent we can announce the terms the ASX will not let us relist, hopeful by the
end of the week, but be asusred we are working as hard as possible to conclude to
the benefit of our shareholders.
regards

Regards, Ken Tregonning