Just to prove the point of APPROVAL: Here is the DRAFT letter...

Just to prove the point of APPROVAL: Here is the DRAFT letter prepared by NOPTA to be sent to BPH - if - JA had made their decision back in May 2020!!!!

"Mr David Breeze
Director, Asset Energy Pty Ltd
PO Box 317
NORTH PERTH WA 6906
By email to: [email protected]
[email protected]
NEATS Ref: Z4NMT2

Dear Mr Breeze
APPLICATION FOR VARIATION AND SUSPENSION OF WORK PROGRAM
COMMITMENT(S) AND EXTENSION OF PERMIT TERM: PETROLEUM
EXPLORATION PERMIT NSW/PEP-11

I refer to the application validly submitted on 23 January 2020 for a secondary work program
variation and a suspension of the Permit Year 4 work program commitments, with a corresponding
extension of the permit term, relating to Petroleum Exploration Permit NSW/PEP-11 (PEP-11)
under the Offshore Petroleum and Greenhouse Gas Storage Act 2006 (the Act).

The Commonwealth-New South Wales Offshore Petroleum Joint Authority (the Joint Authority) in
accordance with sections 264 and 265 of the Act has approved a secondary work program variation,
and a 24 month suspension of the Permit Year 4 work program commitment with a corresponding
24 month extension of the permit term. As a result, Permit Year 4 will end on 12 February 2022 and
the permit term will end on 12 February 2023.

Please find enclosed a copy of the instrument for your records.
In approving the application, the Joint Authority requested that I convey the following:
 Condition 1 of the title remains in force, as such monthly reporting is still required; and
 It is the Joint Authority’s expectation that the titleholders meet with NOPTA within 12
months of this letter to discuss progress on approvals and contracting.

If you have any queries, please contact J or
[email protected].

Yours sincerely
Graeme Waters
Titles Administrator
Enc: Instrument
Cc: [email protected]"