Most Interesting Section, pretty underwelming goals if you ask...

Most Interesting Section, pretty underwelming goals if you ask me.... w2here has the bullishness gone? Or is that only when PB speaks????

Likely Developments
The Group will continue to advance each of the three core business divisions throughout 2012. A summary of the key priorities
for the next twelve months is set out below:
Oil & Gas
• Increase total oil production in the Gulf Coast and Wyoming regions with a target of 5,900 to 7,000 barrels of oil per
day (BOPD) (Gross) by the end of 2012;
• progress the development of the pipeline and drilling at Umiat in Alaska;
• progress the development of the CO2 Enhanced Oil Recovery (EOR) program on the Glenrock oil fields in Wyoming;
• complete seismic interpretation work and continue to develop a long term conventional oil and oil shale exploration
program in the South Australian petroleum exploration licences; and
• investigate strategic partnerships within the Oil & Gas portfolio in the USA and Australia.
Coal
• conduct a strategic review of the Group’s coal tenements in Australia and investigate commercial partnerships within
the asset portfolio;
• establish a dedicated subsidiary entity to hold and manage the Group’s Australian coal assets portfolio;
• monetise one or more non-core coal assets by full or partial divestment; and
• continue to progress the Teresa mining lease application in Queensland in parallel with the management of the
ongoing commercial negotiations.

Clean Energy
• the commercialisation of UCG and GTL with the identification of the first project location and completion of required
feasibility studies;
• continue to progress the UCG permitting processes in Queensland and Wyoming; and
• continue to evaluate coal resources for commercial UCG project suitability upon the Group’s tenements in Australia,
the USA and Poland and with strategic partners in Europe, Asia and Africa.