Ann: Daydream-2 Operations Update, page-249

Hi @2020Mustang. Hum? But by not prioritising early gas sales revenue, there would inevitably be greater share dilution...not good.

You recommend drilling to the west first, however if a successful appraisal well to the east will lead to greater asset value compared to drilling out west, then it would make more sense to prioritise the east.

In my opinion, it seems likely that the current geologic model is representative. For example, current contour maps which highlight enhanced gas richness along the flanks of the Taroom Trough basin indicate potentially similar gas richness out east. It would also be great to confirm the Lorelle sands exist in a similar depth interval out east.

Regards,