Ann: 2013 Year End Reserves Report , page-4

'A comparison to last year’s petroleum reserves holdings is not possible as this is the first year the Company has reported its reserves for ASX compliant purposes. A summary of the net oil and gas reserves of the Company was prepared in compliance with the Canadian Oil and Gas Handbook and Canadian National Instrument 51-101 and released to the ASX on 19 March 2013.'



The oil cut of approx 60% seems more realistic and in line with other mississipian oilers