ANA targeting 3.5/3.6c then breakout to 6c, page-47

so this is what is coming soon
In the near term the company expects to have progressed the following:
• Award of key contracts to oil and gas service companies for Field Development Planning on
the Phase I development including:
o Subsurface analysis leading to:
- History matched reservoir simulation model
- Final development well placement
- Production forecasts based on historical production from the fields
o Well design
o Frac modelling & design
o Process and Facilities Engineering
o Environmental Assessment
o Economic Analysis
o Development concept screening and selection
• Finalisation of preliminary field development project plan and schedule
• Initial discussions with third party infrastructure owners for gas transportation
• Recovery of existing 3D seismic data on the Phase II development area
2
• Development of safety and environmental management systems
• Implementation of new financial, procurement and contract procedures
The Phase I and Phase II assets form part of a multi-phased portfolio of gas discoveries that are being
progressed towards development and consist of the following fields and an associated 354 Bcf1 of 2C
contingent resources:
Phase I: Victoria and Viking Wx fields with 2172 Bcf of audited 2C Contingent Resources
Phase II: Audrey NW and Tethys North fields with 1391 Bcf of 2C Contingent Resources
An update will be provided to shareholders once the key service contracts have been awarded.