Ann: Timor Sea Drilling Update - Lolotoe-1 Well , page-6

re: Ann: Timor Sea Drilling Update - Lolotoe-... See WPL has encountered gas in WA-404-P in the "Greater Pluto" area - not calling it a discovery yet but have put out a price sensitive release noting 300m gross interval. Anyone got any idea of where this is relative to OEX's Carnarvon Basin permit WA-388-P? Got to face it ... Australia is a gas province and oil is hard to find. Perhaps OEX will have more luck on the NW Shelf.