EP-389

EP 389, with potential recoverable oil reserves estimated at 25 million barrels located 85 kms from the BP Oil Refinery. Also within the EP 389 Permit is the mature Gingin West Gas Prospect with potential recoverable reserves estimated at 212 Billion Cubic Feet.

The proximity of the two gas pipelines together with access to the state's power transmission line provides the Company in the Western Australian deregulated energy market, the opportunity to sell both gas to market demand and selling the value added commodity of electricity generated on or near site to existing and new customers.

Perth
Competent Persons Report
              EP-389

Please See The News Page For All The Latest Information On Discoveries, Field Development & Company Interests