Ann: Company Presentation, page-40

The thing is , PRL have got in early, staked out and tied up all the worthwhile territory down the coast of WA. Other's will be lamenting. When you are first , you end up number one. As Woodside found out years ago with the NW Shelf. PRL is poised to reap the benefits of teeing up so much so soon , ahead of the game. Having said that,they will need JV partners , already Total is in the mix but it wouldn't surprise me going forward , given the massive land holding they hold that others come on board to develop this green hydro form of energy, locals like FMG , who must be seething they got caught on the hop,as well as giants looking to diversify like Exxon, BP , Shell etc.

We are on the precipice of something BIG.