target reserves, page-3

Hi Ozgem

Not the reserve statement we have been waiting for
but
presentation you refer to looks to be outlining the upside potential of 2008 drilling campaign
yes it looks very impressive

Targets provide potential upside of about $1.90 per share
Absolutely ridiculous that AMU continues to trade at these levels.
Interestingly the presentation makes the point that Amadeus is 1 of only 2 Aussie O & G companies operating profitably in the US.

What this tells me is that we have the model right and top management in place running a strong solid business.

regards

Reservoir Dog