Ann: Operational Update - Myall Creek Well 5A, page-7

Not another positive announcement. The fact that this area has 290 metres of hydrocarbons with good pressure and porosity tells me it's an amazing success. It also tells me that as the drilling goes deeper the production gets better. I was hoping for a negative report so that the sp would take a run but again it dropped on positive news. I'm just thankful they didn't announce a major oil strike… on present indications there would be a stampede for the exits... the mind wanders.