nappamerri trough alliance with beach energy , page-26

I'm also happy to hold.

The major concern for any business is to have sufficient funds to carry out their business plan and hopefully keep growing the business.

Prior to the recent announcement it didn't look too promising on this front. Now with Beach's strategic stake we will have the funds to carry out our business plans and to stay the course on our shale gas funding obligations.

All our assets remain, the gas storage, the Otway Basin, oil potential in PEL 105 etc, in addition to the shale plays which are getting nicely de-risked.

So in my book all to play for still. If we can look after our own operations and progress there, I'm sure that Beach will make sure that the shale plays reach their full potential, and we should be there enjoying the ride.