robert hall comments

18 April 2006
ASX RELEASE
DRILLING REPORT FOR LIGHTNING-1, PEL 115 SA COOPER BASIN
The participants in the drilling of Lightning 1 and PEL 115 and their respective interests are
as follows:
Impress Ventures Ltd 40%
Victoria Petroleum N.L (Operator) 40%
Roma Petroleum N.L. 20%

Robert Hall (Impress CEO) comments as follows:
“Impress are encouraged by the oil shows and test results from the Upper Murta
section in Lightning 1. The Murta section has been tested in the Upper part of the
reservoir and the test results from this section are considered to be positive. The
Murta reservoir section and hydrocarbon shows continue below the tested interval
and the reservoir has been confirmed as the same gross thickness of fifteen metres
as that encountered in the Mirage wells. These results support the model that the
Murta reservoir contains oil over the Greater Mirage area the exploitation and
development potential of which will be evaluated following the Jindivik 1 exploration
well.”
For further information please contact Robert Hall on (08) 9214 2500 or at
[email protected]