A Pumpola CC - Notes

[Tree]

"Very pleased with support from all levels of PNG Gov't"
"Every day is a possible final day"
"No intentions of negotiating in the public domain"
"We are very close, very close indeed"
"I do believe we will find more gas. I do believe we will find more gas around E/A"
"We have brought in people experienced in exploration from RDS, XOM, CVX and people I have worked with"
"Independent from GLJ and GC they have come back with glowing reports and say this is a 'World-Class Gas Province'"
"Confident now to start a multi-well exploration program"
"We've contracted 3 rigs and are working on a 4th"
Wahoo- Close to Port Moresby, 160 kms to PM, close to infrastructure
Raptor- 10 KM W of Antelope. Multi TCF reefal prospect.
Bobcat- Sits between Ant and Tri.
"These prospects would rank in any mega-majors exploration portfolio"
"These assets are being sought by a number of mega-majors"
"PRL 15 really excites me. It is a giant hydrocarbon. It will take 4 wells to define"
"We have parallel development plans for PRL15 with multiple mega-majors"
"We will choose the winner"

"Major, major value will be transferred to shareholders"