annual report, page-17

The Independent Experts Report is expected to include a third party review of reserves and resources based on all available data at that time. This will be the next independent review of ESG?s reserves.

So the above statement confirms Mr Perry's post. It was in the reserves update in August 2011.

Pilot production activities continued during the Quarter. Dewatering of the Bibblewindi Multilateral Pilot has been accelerated following commissioning of electric submersible pumps installed in the lateral section of the outermost, shield wells. Gas production from the Tintsfield pilot, brought on line last Quarter, is ramping up in accordance with expectations.

The above is from the Quarterly.

And this below from the November 2010 announcement:


Since early October 2010, when water processing constraints were finally resolved and full-time pilot production operations resumed, gas production from the Bibblewindi multi-lateral pilot has reached a new peak of over 900 Mscfd and gas production from the Bibblewindi West pilot has again exceeded 2,000 Mscfd. In both cases, gas production continues to climb. For the Bibblewindi multilateral pilot this is an excellent result as this is without the benefit of production from the additional shield wells drilled in
September, 2009. Eastern Star is still waiting on government approvals to install larger pumps in these wells.
The company is also pleased to announce that preliminary production testing of the Dewhurst pilot is now also underway to determine on-site water handling requirements. After completion of on-site facilities, the Dewhurst pilot will be operated on a short-term basis to establish a
correlation between its performance and that of other pilots. The outstanding performance of the Bibblewindi pilots, along with the 2010 corehole and seismic programmes, will result in strong reserve additions. However, the overall 2010 reserves upgrade programme is behind schedule. Wet weather, as experienced across much of the Australian east coast, has significantly delayed field activities and has prevented completion of infrastructure necessary for the operation of the Tintsfield pilot.

Ok, so given all of the above, can we reasonably expect a positive updated 3rd party reserves position in the IER??