EMR 2.64% $3.89 emerald resources nl

Ann: EMR Investor Presentation , page-4

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    Immediate Plans

    Work closely with ETE as partner in the GRBJV

    - Agree strategy to deliver max value from current assets
    - Consolidate and expand GRB position with additional acreage
    - Develop & execute 2011 field activity program
    - Plan 2012 horizontal/vertical development program

    Explore cooperative value synergies with ETE

    - Company interests and capital requirements aligned in GRBJV
    - Increase asset value through development drilling
    - Maximise value of future dealings with combined 100% interest
    - Access premium valuation opportunities in global capital
    markets
 
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