reminder of qpm potential for investors

1. They were pursuing farm in agreements look at who their neighbours are: (e.g. Santos, Pertimina, Shell, Total, EBM)

2. They like some of us are very confident of achieving additional adjoining leases to Ranau by "Direct Offer". Note, direct and not by tender.

"Quest and PrabuEnergy has developed a three pronged strategy to accelerate its development to a mid-tier oil & gas (This is very exciting - not only within their own team but now with the help of International Moyes & Co.)To be a
producer in Sumatra and West Java. This strategy will leverage the multi-generational, long term relationships that Pak Thamrin and his family have in Sumatra, Indonesia and in the oil & gas sector. The key points of this plan can be summarized as follows:-
1. Aggressively explore and develop the Company’s projects in the Ranau PSC;
2. Acquire TAC ‘s and KSO’s with existing production that have a high likelihood of increased production from
further exploration and/or by applying enhanced production work-over techniques;(Ken Bull at the Operation head) and
3. Conduct joint studies with various Universities on project areas identified by Pak Thamrin’s research and apply
for PSC’s over these areas.

The last year has seen the generation of a further 17 project areas that are currently under review for availability,prioritisation and fundability.

In addition to this process the Company is also in advanced discussions on several strategic relationships that will see
Quest with greater technical, personnel and funding capability. These arrangements would see the Company having
operational control and a significant retained interest in a number of these project groups whilst avoiding unnecessary
shareholder dilution."

This alone should put a smile on investors faces.Like most we know they have been working hard behind the scenes.

We await the next outcome from QPN Management
Yes patient is required and good to see the half yearly account come out which made positive reading.