Ann: South Erregulla Update, page-60

Hi chevon, of course you are right - but what should I do? I'm (unfortunately - I would love to be there... ) not at the drill site and can only make some reasonable guesses...

I do not know, which drilling performance they intent to execute with the LWD assembly in the different formations. I do not know, how fast they can drill the Kockatea. And I not even know, how thick the Kockatea actually is... about 600m? ...or rather 400m?

I made some assumptions based on the stratigraphy of WE2 and the drilling performance of WE5 but the new well design of drilling about 2,200m - including 600m of marine shale - with the LWD assembly makes it a bit harder to get a good prediction of timings...

... I hope, we will get the next anna by Friday or on Monday... If it takes a bit longer, than my inital predictions and assumptions above are proven very (!) accurate...