daytrading march 13 afternoon, page-9

ROG

FYI approval for the Test Pilot Well is due soon, hence volume increase.

SIGNIFICANCE OF RED SKY’S GAS RESERVES
Key Points:

Red Sky Energy has 114 PJ of 3P reserves in the Clarence Moreton Basin in north east NSW

This is the fifth largest amongst non-major companies with gas in eastern Australia;

The proposed Talma pilot well is expected to add to this reserves position;

The Company aims to position itself as a major supply source.