drilling results....good or bad, page-24

Hey HT,

Have you done any work on your NPV calculations as a result of the new Tax. Would be very interested.

I wonder if the super profit tax has influenced OZL's strategy re purchases and perhaps shifted thinking towards Share Buyback/dividends. Hope not at this stage.

Question for the accountants and tax experts. Will the tax credits that OZL has be eaten up quicker as a result of the super profit tax, or is there no change to the timeframes.

I remain very positive for the future of OZL, however the advice to sell OZL and buy something like PNA which won't be paying a Super profit tax is worth consideration.

Regards