Ann: Increase in Lockyer Deep Potential Resource Area, page-5

Iain Smith commented, "Having taken a conservative approach to mapping the
structure prior to drilling Lockyer Deep-1, we are pleased to present our revised interpretation that demonstrates the
true potential of the discovery. We now look forward to production testing of the Lockyer Deep-1 well, the timing of
which will be announced as soon as details are known."

"Norwest's interpretation of the Lockyer Deep/North Erregulla Deep structure is now broadly consistent with that of its
joint venture Operator, Energy Resources Limited."

No conflicting interpretation with NWE\MIN

A 40% increase in the size of the resource with a conservative approach.
Yes.. this is awesome news