Ann: Quarterly Activities and Cash Flow Report Ma, page-10

re: Ann: Quarterly Activities and Cash Flow R... Stockrocker, like you I originally invested for the oil (although Yulleroo was also a factor for me).

There will be oil exploration this year, just not on the ungani trend, although U3 and Ungani North are both to be tested, so BRU has the potential to bring 2 new fields into production.

Have to disagree about activity, there will be quite a bit going on this quarter, although a large part of it will be to do with the continued negotiations and the Ungani Production licence. I am also hopeful that as more of the already completed 2D/3D is reprocessed BRU can provide some clear indications that the new plans are the right ones.

Slamp, cheers for that, although Port Headland is still a fair distance from Ungani. Broome would be optimal but as you say, there could be some dissent. But then, there always is and I would like to think that they will be able to get some sort of solution (yes still optimist). Especially since in the past they were indeed exporting oil from there.