David Breeze in Webinar, page-53

Breeze Webinar Notes:
- Pep 11 situated very well only 27km from a major gas pipeline that connects directly to New Castle
- Multiple independent confirmations that suggest a large gas resource
- Pre-drill survey had very positive results
- Could meet NSWs gas needs for the next decade
- Demonstrated geo-similarities between Pep 11 and other world class gas resources
- Gas visibly seeping from the sea floor
- Shows suggested drill location
- they’ve been through Nopta approval process before where it has taken over 12 months
- Not appropriate to give a timeframe on approval
- Mentioned Keith Pitts interview on ABC this morning and highlighted that Keith has the final say.
- Highlighted the quality of the gas resource compared to other onshore options.
- Can’t forecast an approval timeframe as not up to him - again encouraged investors to see Keith’s interview