Ann: MEO: WA-360-P Farm-in Progress Report , page-10

Hi Love,

Feeling a bit sensitive today? Jonny mentioned that you've missed the point and I agree.

I was merely referring to this talk and suggestion at the moment that our hopes and dreams / share price, you name it, are somewhat pinned to the success or or not of Artemis... Simply not true. CUE's sp should be moving on the de-risking of Maari, additions of Maaia/M2A, Oyong gas/oil, extending highly prospective Taranaki permits.. Add in a cranking oil price.

It shouldn't be moving based on what MEO/MOG are doing, or whether MEO's managed to farm down its Artemis share...

If the figures on Artemis are correct, then compared to the industry average rate of success, we're looking good. 32% chance of success isn't great but it is pretty good in the oil industry. So I'm all good with Artemis, but lets get back to fundamentals and looking at what CUE DOES have, not what it MAY have....