Ann: Norwesterly Edition 4 , page-7

Hi All,

I think there are 3 interesting points.

1. Norwest have indicated that 1.2mscfpd is a commercial rate, based on the AWE well flow rates. The data so far with average rate of 200scfpd and 350scfpd means that we are half way there to achieving commercial rate. Still with 3 more zones to flow back, and rates to increase when more frac fluid is returned to surface.

2. Norwest have indicated that they plan to scale up, to a 10-20 stage horizontal shale gas well. This will increase daily flow back once production is underway.

3. Resource estimates are now underway.