Ann: Banambu Deep Prospect, WA-389-P, Carnarvon B, page-33

re: Ann: Banambu Deep Prospect, WA-389-P, Car... I have been a long term holder and have found CUE management to be a very conservative bunch which suits me just fine. Other companies may talk up the fact that they have an interest in the adjoining permits, however until the prospect is sured up in 389 and then analysed there is no need to.

CUE will promote the adjoining permit interest once the prospect is confirmed.

I get a strong feeling we are building for a decent re-rating by the way.

Quarterly results should show increased cash flow from oyong/wortel. Plus Apache drilling de vision imminent and the Naga Selatan drill in Indonesia.

I would expect some more information on development plans for Barikewa as well in the near future.

All considerable prospects. I would not be surprised to see mid 30's in the next 4 weeks IMHO.

Good luck to all holders.