ann out; all positive;

Highlights:
�� Berwyndale South # 60 recorded gas flows of between 1.3 and 1.4 mmcfd during a six hour
test on Easter Monday. Like other high-performing wells at the field (Wells # 16 and # 18),
the well has been shut in to preserve the gas for sale.
�� All 25 production wells for the CS Energy contract have been drilled; 23 of those wells are
ready for production and 20 have undergone production testing.
�� Seven of the 25 wells have been completed as free-flowing wells, resulting in lower capital
and operating costs at the well head and an overall improvement in project economics.
�� Australian Pipeline Trust has completed the physical connection into the Roma to Brisbane
Gas Pipeline (RBP) and the export pipeline is complete, tested, dry and ready for first gas
sales.
�� Commissioning of the field compressor station is underway with all three screw
compressors successfully tested.
�� The trunk line for the gas gathering system has been pressure-tested and purged with gas.