ROGFYI approval for the Test Pilot Well is due soon, hence...

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.