montara & plover formations, page-124

Mitsui and Shell Farmed-In to AC/P41... 20% and 15% (65%) respectively.
Nexus received $70 Mil (A) cash. Also Mitsui pays for the NXS share of P41 Exploration Wells.
As it turns out, the the Octantis 3D Survey has been mapped over the Major & minor Palaeozoic fault line.
As yet, we the Investors, haven't been privy to that Survey... NXS were informing us of it, in early in 2008 ... a much over due release. I would feel confident in saying, that Mitsui and Shell would have based some of their Farm-in decisions, on the Leads shown in a Octantis 3D ...
The way I see it, Libra-1 is a SUCCESS ... and if AC/P41 is shown to be further prospective (Octantis), then that will have a significant influence on a better outcome for the AC/P23 Farm-Out sale.

I am hoping for the Libra Logging results to be disclosed within 2 weeks, disclosing Reservoir characteristics....along with an updated Wider Area Reservoir Map with the Survey included.... that would time in nicely with a Farm-In Partner Announcement ....and FID in February 09




GOOD LUCK...
SharpE