Ann: L7 and EP 437 Resource Upgrade, page-23

We haven't heard a great deal from NZOG in regards to L7/437. They are a smart profitable outfit and no doubt kicking in some big bucks to participate in the drilling and paid seismic refund cost already for their own good reasons.
This was their own headlines today to the Market and their SH's and what they think, first line does say it all, certainly reads as a vote of confidence from NZOG.

"TRIANGLE IDENTIFIES SIGNIFICANT OIL EXPLORATION"
11 January 2024
TRIANGLE IDENTIFIES SIGNIFICANT OIL EXPLORATION IN ITS PERTH BASIN ACREAGE.

We are pleased to note a release by permit Operator Triangle Energy (ASX:TEG) identifying
additional oil prospectivity in the L7 and EP437 Permits in Western Australia’s North Perth
Basin, where New Zealand Oil & Gas holds 25% non-operated interests.
New Zealand Oil & Gas continues to review information as it becomes available and our internal
technical work is ongoing.
We are working with our joint Venture Partners, Triangle Energy and
Strike Energy (ASX:STX) in reviewing drilling opportunities as we approach key decision points
and will continue to keep the markets informed as plans mature.
The Permits' Joint Ventures both comprise Triangle (50% and Operator); NZO (25%) and Strike
(25%).
Please see below the release made by Triangle Energy,