Ann: RBS Morgans Unconventional Oil and Gas Conf., page-3

re: Ann: RBS Morgans Unconventional Oil and G... Couple of points added and of interest compared to last presentation:

Slide 4: What makes the narrabri project different

Deep seams and high gas content (previously mentioned).

High reserves per hectare - typically thick seams and up to 5 coal horizons.

No impact on groundwater (being reinforced again).

Long-term access agreed with NSW State Government.

Slide 5: Stacked laterals : Further enhancing the returns generated

Taps additional RESERVES at incremental cost.

More reserves and production per well means land use further reduced.

(Great DC is finally emphasising the DIFFERENCES and BENEFITS!)

Slide 9: Infrastructure

Infrastructure needs have been integrated into project development. Its interesting that the New Pipeline to give access for sales into Qld is once again highlighted. No approvals needed one would assume if it follows the already approved QHVP route to wallumbilla,

Slide 12: Geology

Valuable Pilliga aquifers are separated from target coals by impervious rock layers!!!

Good stuff .. but I hope that BOF is listening and that he prioritises this development!

H