Ann: Annual Report to shareholders, page-3

"Kingia Sandstone reservoir, production testing of the well in March 2022 resulted in the
highest flow rate achieved in the Perth Basin Permian gas play to date, and one of the highest rates seen anywhere onshore
Australia

Top 40 shareholders now jointly hold approximately 50% of the shares on issue

The recently announced Ringneck 2D seismic results have confirmed the
presence of a large, enticing lead (known as Lead E) immediately to the southeast of the greater Lockyer Deep/North
Erregulla Deep structure

If the Lockyer project's recoverable resources are as significant as we believe them to be then
additional markets for the gas will be required to support full field development, potentially including export.

We have ample opportunity for growth."

Some really good remarks from Ernie