quarterly result out look great

Key Points for Quarter
„h Production was 28% higher than the previous quarter reflecting the contribution of the Mobile
Bay gas fields and the production assets acquired in November 2007.
„h Production: 4.4 Bcfe up 28%.
„h Net Revenue: US$38.5 million (A$42.4 million) up 44%.
„h EBITDAX: US$32.1 million (A$35.4 million) up 51%.
„h Average sales price received: US$8.77/Mcfe up 13%.
„h Net Debt: US$54.0 million, down 30% from US$76.8m at 31 December 2007.