Ann: RBS Morgans Unconventional Oil and Gas Conf., page-4

re: Ann: RBS Morgans Unconventional Oil and G... mattacgs

No it means field development options .. not gas sales. Elsewhere DC gives the timetable for sales and FID etc.

The relevant quote from the last OB in Feb is:

"MD David Casey
While most technical aspects of coal seam gas project development are well understood, there are a number of optimisation and refinement options, some of which are interactive, that need to be specifically determined for the Narrabri CSG Project. For example, during detailed feasibility work we will make a final determination on matters such as electric versus gas engine drives for compressors, and the best technology for water handling. We will also optimise the timing and design of well drilling and corresponding drilling rig requirements,
along with the location of compression and processing facilities.

Ultimately, at the end of the feasibility study process we will have determined the single goforward option for upstream development, which we will then take into FEED."

H