bul london investor presentation 16 july 09, page-10

adus,
its been tightening up for a while now.

Korean and Aussie Govt must approve the KOGAS investment which will raise the cash balance to around $40m.

There is a lot of opportunity for Blue. Give it 6 months and we will know how good it is.

I wouldnt mind hearing about what they are doing with the seismic they have to shoot on the Papua off shore permits. I think they also mentioned they were looking to secure the adjoining on shore permit to the four they currently have.

SF