Ann: WA-488-P Giant Beehive Prospect Farmout Update-MEO.AX, page-12

If your intention is to keep the information to yourself, then why make the vague statement in the first place. It just makes you look like a big noting tosser." For me, I have no idea who the four data room participants are but I would hope one of them is Woodside given they have taken a licence nearby to 488. and have stated they are looking for acquisitions. I would think they would at least be throwing a slide rule over 488. but of course I don't know that .JUST MY OPINION.

On another note. Can any one enlighten me as to why the Ordovician prospective resource table has been omitted from the two recent announcements on 488. Combined Carboniferous and Ordovician prospective resourse was previously , 927 mmbo in an oil based scanario and 863 mmboe. in a gas/liquids based scenario. Both on a Best (P50) rating. The latest Financial Report only gives the carboniferous resourse at 598 mmbo (oil case) or 581mmboe (Gas/liquids case) with no explanation as to why the Ordovician has been omitted. Is it an oversight or has the recent reinterpretation program found it wanting, or is it just that MEO has decided to concentrate their farm in efforts on the carboniferous alone. Who knows unless we are told. Come on PS this is potentially price sensitive information which your shareholders are entitled to know about.

Then there is the curious case of the recent presentation announcement that rated the Carboniferous only with a best case of 558 mmboe.and yet it suddenly jumps to 581mmboe in the Financial report.

To be fair, at least PS has finally advised on the Far Cape Energy Pte Ltd issue in the Financial Report.