Ann: Trading Halt, page-56

People talking about TPD/TMK and their 1.2TCF of Contingent Gas. A large amount of gas by any means.

Here are the recently worked Prospective Estimates for the ATP2044 tenement in QLD. Now moving into Contingent, at the lower end we see gas number approaching 1TCF with Best Case of 2.5TCF and Mean of 3.2TCF. Information as you can see has been gathered from the records of the area already used for determination and calculations for chance of success. If we book Contingent resources of 75% of those, we would have a serious amount of gas to be confirmed with a well nextyear.

Talk in the area is that one of the other majors nearby, QGC, is planning to drill and hit similar target formations at depths for more gas. RC and NY from two of the majors in the area carved out their careers here. I highly doubt they are going into this without considerable knowledge and confidence.