Ann: Armour Awarded Further Acreage Near Kincora, page-14

The next allocation of gas exploration tender blocks, under the Qld govt Annual Exploration Program, should be decided on in the near future. Armour has already secured 2 decent tenements and has converted one to ATP status. There are another 4 releases that would add comfortably to our holdings if we have applied, and are successful, in them. Find attached our current holdings of the area surrounding Surat, the Qld Govt potential release, and the timetable for the decided release. Good luck.