Ann: Commencement of EP413 Arrowsmith 3D seismic acquisition, page-5

Inverta,
Sorry, I am talking about the Perth Basin as a whole. Any success be it at Senecio, Waitsia, Irwin, Drover etc is good for NWE. Some of the formations at Irwin 1 , e.g Carynginia, Irwin Coal measures, High Cliff tight sands are present at Arrowsmith but they are miles away and are probably discontinuous. I am not a geologist. Please have a look at the maps provided.

The Perth Basin is attracting increasing attention and the way the Middle East is going , Australia may end up being a very stable supply of world energy.

It is very pleasing that the JV, having established a proof of concept at Arrowsmith 2 , is now proceeding with a 3 D seismic to determine the sweetest spot for a Arrowsmith 3 horizontal commercial well. Exciting times ahead.