pre open, page-16

robust drilling programme over the largest single company operated
package of prospective petroleum acreage in Australia."'

Big statement,few brokerage houses will be interested once the first drilling proves successful.

Especially if this is proven commercially viable.

The analysis completed in 2005 has highlighted a new Neo-Proterozoic exploration play type for gas, condensate and Helium under the Gillen Member salt seal proved by the drilling of Magee 1 in 1992 which flowed gas and Helium at 6.3% which is about 20 times the generally accepted threshold level for commercial extraction