all still rolling along, page-42

Yes I did get a coffes and bickie, very nice.. there were about 20 people at the meeting.. key points

1, share price under valued and the royality from the J/range alone is worth the company cap.

2, Rick stated that he tried to talk eclipse out of drilling PB#2 and completing pb#3 but eclipse would not do this.

3, PB#3 is far and above the best well in terms of a gas find.

PB#2 is a duster but may come in useful down the track as a cost saving proceedure.

3, PB3 is shut in and being tested, there should be some news regarding the testing early next week if results are good. if the results are not what they expect they will may have to complete more of a clean up. and re-test.

4 If PB3 comfirms gas production of over 1m cubic feet a day then they will proceed into product and not complete the other zones. testing on PB1 indicates it will produce 500000 cubic feet so they will produce 1.5 min cubic feet a day.

5 the gas is of a high quality and clean, so an approx 12% increase in the value.