Ann: Response to ASX Query, page-41

Feral54,

One of my communications with AP was on this topic and I asked him about the sidetrack in the alameda and that he should have disclosed about it upfront rather then let shareholders deduce the probable events.

The truth in his response was that they didn't have all the relevant information to properly inform shareholders on events occurring live at the rig. it's the need to be factual rather then to hypothesise is important and that data lags events and sometimes in complicated wells it can be days or weeks of tough grind in the well to get a result and information on why this occurred.

As shareholders we can speculate but management don't have that privilege. They have a responsibility to inform markets on fact.

We will get our result and I feel the pain as does every other shareholder. Those that purchased yesterday were given a great price of entry.

best of luck holders