OSH IN PNG, page-2

G'day Cranagem:
Certainly Chevron is no specky, when they talk people listen. Great to have them in partnership with OSH with all their expertise.

Oil has gone up again another notch and BP profit for the quarter came in ahead of expectations.
Talk of Bush going into Iraq will continue to keep the price of oil alive.
Remember that OSH is unhedged and travelling well.
PNG is trying to sort out its election and hopefully that will be very soon.

Cheers

Mozz