Ann: Change of Director's Interest Notice, page-5

Yes,Pickem... like the name. Watching PAVO carefully, fingers crossed.

Analogue area story for TDO, relative to STO and CVN.

Additionally STO is very interested in the swarm of leads just west of TDO lease. These types of leads are reproduced on the TDO lease. Been doing the K-Extension 3D survey through there, last year and this year, beautifully setup in water depth and density. The deeper drill talked about for PAVO was partly to understand the carbonate in the area near TDO.

I think STO priorities are 3 areas,
(1) clearly the most advanced is Dorado, with hopefully PAVO and the big one APUS
(2) Archer area to the southwest, quite a interesting large trap there.
(3) K-3D area carbonate targets.

A good pic from SANTOS survey application, showing ancient coastline, trending right through TDO lease, same dynamics potentially as Dorado ,PAVO and Apus for canyon type traps due to ancient river flows from coast, and Carbonate traps.

TDO ->"in addition, a minimum of six carbonate buildups likely to be Devonian and/or Carboniferous in age offer a series of
prospective targets."