Ann: Cliff Head Operations Update, page-25

Hey this is a very EXCITING play and we own 100% of it.
This has SIGNIFICANT Oil and Gas potential.
Make no mistake somebody will at some stage want in on some of this action in the future with TEG.
It begs and screams for a drilling rig.
We get the feasibility study for refinery out there and prove its all worth while.


Triangle will be Operator of both Permits: 100% equity in L 7 and 86.94% equity in EP 437regulator approval is expected imminently
•Next step is 3D seismic acquisition:•Mt Horner Oil Field rejuvenation targeting the proven “F” and “K” sands;
•Near Field Exploration (Georgina-1 and Arranoo-1 updip); and
•De-risked exploration targets in L7 & EP 437
.•Very attractive investment metrics/value•Low costs, State Royalty
•Participate in the 3D acquisition program at ground floor –then promote drilling.