re: Ann: Appendix 3Y - Change of Directors In... "It really is a...

re: Ann: Appendix 3Y - Change of Directors In... "It really is a shame that such a great asset is being managed by men of such low character."

Where do you derive such a ludicrous statement from? Is it just a down ramp?

Look at Chairman Bloking's apparently impeccable record:

"Mr. William Frederick Bloking, Bill B.Sc (Mech Eng), FAICD has been the Chairman and President of KAL Energy Inc. since May 6, 2008 and May 20, 2008 respectively.

Mr. Bloking is a leading energy expert with more than 37 years of experience.

He served as the Chief Executive Officer BHP Billiton Petroleum (North West Shelf) from May 1999 to April 2004, and had full responsibility for interests held in the North West Shelf Project, the Browse LNG Project, the Bass Strait Project and the Pilbara LNG Project.

From April 2004 to January 2007, he served as President of Australia/Asia Gas of BHP Billiton Petroleum, where he had overall strategic, commercial and corporate accountability for BHP Billiton's international LNG business and its domestic gas business in Australia. He served as the General Manager of Natural Gas of Esso Indonesia Inc.

He served as a Senior Advisor, Natural Gas at Exxon Company International. Prior to joining BHP Billiton, he worked 24 years with ExxonMobil, where he held a variety of senior executive positions ? including Chief Operating Officer of Esso Eastern Products Trading Company and Supply Operations Manager for the Far East and Western Hemisphere.

He had leadership responsibility for two highly successful arbitrations in Australia.

He built an extensive network of industry and government contacts at the senior-most levels throughout China, Japan, Australia and Southeast Asia. He was in US Army and? served in Vietnam Sergeant E-5.

Mr. Bloking has been the Chairman of Nido Petroleum Ltd. since May 15, 2009.

He serves as the Chairman of Cool Energy Ltd., Asia Biofuels Inc. and Cullen Wines (Australia).

He served as Non-Executive Chairman of Transerv Energy Ltd since March 15, 2011.

Mr. Bloking served as the Chairman and Non-executive Director of Norwest Energy NL from March 31, 2007 to June 30, 2009.

He served as the Deputy Chairman of KAL Energy, Inc. since February 2008.

He has been a Non-Executive Director of Nido Petroleum Ltd. since February 6, 2008 and John Holland Pty Ltd. (formerly John Holland Group Pty Ltd.) since February 6, 2007 and also serves as a Director of Delta Pacific Mining Plc.

He has been a Director of KAL Energy, Inc. since June 26, 2007. He has been an Independent Non-Executive Director of Miclyn Express Offshore Limited since January 14, 2010.

He serves as Non-Executive Director of Cool Energy Pty Ltd.

Mr. Bloking serves as a Member of Industry Advisory Group of Western Australian Energy Research Alliance.

He serves as a Director of the Lions Eye Institute and the West Australian Symphony Orchestra and a Member of the University of Western Australia (UWA) Confucius Centre Advisory Board.

Mr. Bloking serves as National Vice Chairman of the Australia-China Business Council, Governor of the American Chamber of Commerce in Australia.

He is an Adjunct Professor of Murdoch University. He serves as Vice Chairman of the Australia China Business Council.

He is a Fellow of the Australian Institute of Company Directors.

Mr. Bloking holds Bachelor of Science (summa cum laude) in Mechanical Engineering from University of South Carolina."

There are,of course, others involved in the management of TSV: but, the buck stops with the chairman.